A key way to define a bull market is the creation of higher highs and higher lows. A bull market looks like the silhouette of a staircase. Since the COVID lows, we've unquestionably been in a bull market & have yet to make a lower low. This trend is currently being threatened. pic.twitter.com/SS7AZJ6W04 — Caleb […]
Patrick Dunuwila
Patrick Dunuwila is Editor and co-founder of The Chart Report. His passion for trading began in 2007 when he bought Apple's stock at $17 and realized the potential of the financial markets. Patrick first became interested in financial media as an intern at StockTwits, a social network for traders and investors. He remains an active member on StockTwits as well as Twitter where he enjoys sharing his trade ideas and thoughts on the markets. He studied economics at Drexel University before beginning his career at Benchmarq Trading Partners, a proprietary trading firm based in New York City. Prior to The Chart Report, Patrick worked under J.C. Parets, at All Star Charts where he assisted in selling technical analysis research to institutional investors. The 26 year-old Syracuse, NY native currently resides in Manhattan where he is pursuing his Chartered Market Technician (CMT) designation.
Daily Chart Report 📈 Tuesday, January 25th, 2022
Sponsored By: Today’s Summary Tuesday, January 25th, 2022 Indices: Dow -0.19% | S&P 500 -1.22% | Nasdaq -2.28% | Russell 2000 -1.45% Sectors: 2 of the 11 sectors closed higher. Energy led by a wide margin, gaining 3.87%. Tech lagged, falling 2.31%. Commodities: Crude Oil futures rose 2.75% $85.60 per barrel. Gold futures rose 0.59% to $1,853 per ounce. Currencies: The US Dollar Index rose 0.10%. Interest Rates: The US 10-year Treasury yield inched lower to 1.771% Here are the best charts, […]
Chart of the Day – Tuesday, January 25th, 2022
Bulls want to see this former resistance turn into support.$SPY / $GLD pic.twitter.com/ypldOPqA3E — Alfonso Depablos (@AlfCharts) January 25, 2022 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). It’s a ratio chart of the S&P 500 vs. Gold over the past four years ($SPY/$GLD). Last week, we discussed how Gold was beginning […]
Daily Chart Report 📈 Monday, January 24th, 2022
Sponsored By: Today’s Summary Monday, January 24th, 2022 Indices: Dow +0.29% | S&P 500 +0.28% | Nasdaq +0.63% | Russell 2000 +2.29% Sectors: 8 of the 11 sectors closed higher. Consumer Discretionary led, gaining 1.20%. Utilities lagged, falling 0.96%. Commodities: Crude Oil futures dropped 2.15% $83.31 per barrel. Gold futures rose 0.54% to $1,842 per ounce. Currencies: The US Dollar Index rose 0.24%. Interest Rates: The US 10-year Treasury yield rose to 1.774% Here are the best charts, articles, and […]
Chart of the Day – Monday, January 24th, 2022
S&P 500 w/ one hell of a stiff arm off the 4230 level 💪 $SPX pic.twitter.com/hVsVKnjIyu — Grayson Roze (@GraysonRoze) January 24, 2022 Today’s Chart of the Day was shared by Grayson Roze (@GraysonRoze). It’s a daily candlestick chart of the S&P 500 over the past year. What a day! The S&P 500 was down […]