Tough day for banks. The Regional Bank ETF $KRE resolved lower from a bearish pennant and hit its lowest level since Nov 2020. pic.twitter.com/QFhbRL1gxM — Alfonso (@AlfCharts) May 2, 2023 Today’s Chart of the Day was shared by Alphonso Depablos (@AlfCharts). The Regional Bank ETF ($KRE) made another flush lower today, dropping 6.27%. All 145 bank […]
Chart of the Day – Tuesday, December 27th, 2022
Tesla $TSLA has been cut by four since its all-time high in November 2021, going from $1.2T to $350B in market cap. pic.twitter.com/5J3q9GCxsG — Alfonso Depablos (@AlfCharts) December 27, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). Tesla has fallen 14 of the past 16 trading days, and it’s lost more than […]
Chart of the Day – Thursday, August 25th, 2022
A bullish scenario for crude oil begins by reclaiming key former support level of 94.50. Notice that during the recent sell-off in risk assets, the 14-period RSI never hit oversold conditions. pic.twitter.com/31LynVIx34 — Alfonso Depablos (@AlfCharts) August 25, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). It’s a daily candlestick chart […]
Chart of the Day – Thursday, August 11th, 2022
$IWM running into a confluence of resistance from the 200-day moving average and the AVWAP from the All-time high. Logical place for a pause? pic.twitter.com/3MKv3aGn0i — Alfonso Depablos (@AlfCharts) August 11, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). The Russell 2000 has bounced nearly 20% off its June lows, but Alfonso points […]
Chart of the Day – Tuesday, June 28th, 2022
Equities for rising rates were not able to hold above former highs and are now stuck below overhead supply. Do they want to tell us something? pic.twitter.com/mYHzcGVzgu — Alfonso Depablos (@AlfCharts) June 28, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). It’s a daily candlestick chart of the US 10-year Treasury […]