What comes next for the S&P500? Are we finally breaking above $420… ? My best guess is a breadth expansion with broader participation while the mega cap names take a back seat over the coming weeks. How do you see it?$SPX $SPY pic.twitter.com/yAiCpgTkmb — Sam McCallum (@Honeystocks1) May 26, 2023 Today’s Chart of the Day […]
Chart of the Day – Thursday, May 25, 2023
$QQQ 50d, 200d, & 200w moving averages. Which way is the trend? pic.twitter.com/ARzIjsmxVA — ChartingCycles (@ChartingCycles) May 25, 2023 Today’s Chart of the Day was shared by @ChartingCycles. The chart shows three moving averages for the Nasdaq 100 ETF ($QQQ) the 50-Day (yellow), the 200-Day (orange), and the 200-Week (red). $QQQ closed at a […]
Chart of the Day – Wednesday, May 24, 2023
SMH Semiconductor Etf will show an island reversal tomorrow based on Nvidia’s results. This is a rare bullish pattern. Long Nvda. pic.twitter.com/8WDH0zuxNE — Roy Mattox (@RoyLMattox) May 24, 2023 Today’s Chart of the Day was shared by Roy Mattox (@RoyLMattox). The Semiconductor ETF, $SMH, gapped lower by -1.93% this morning, ending the day down -1.47%. […]
Chart of the Day – Tuesday, May 23, 2023
pic.twitter.com/nhIGgn5tAO — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) May 23, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FusionptCapital). It’s a 15-min candlestick chart of S&P 500 futures over the past two weeks. The S&P 500 has been rejected at 4200 (white line) so many times over the past year that it’s almost comical. It […]
Chart of the Day – Monday, May 22, 2023
Yo, Charts – Still more…I know the Nikkei is up for 8 days in a row…but, what’s not to like here? pic.twitter.com/dpEmN4ZL5O — da Chart Life (@daChartLife) May 22, 2023 Today’s Chart of the Day was shared by John Roque (@daChartLife). Japan has been ripping higher recently, with the Nikkei closing at a fresh 33-year high […]
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