Indicator shows consecutive days above 50 day moving average. Current streak is 67 days 2017 had two instances of streaks above 100 days. pic.twitter.com/JMhl8AllZR — Steve Place (@stevenplace) January 17, 2020 Today’s Chart of the Day was shared on Twitter by Steve Place (@stevenplace). It’s a chart of the S&P 500 ETF, $SPY, over the […]
Chart of the Day – Thursday, January 16th, 2020
With the S&P>3300, a 10% correction now takes it back to its Oct all-time high. (red line) But won't a 10% correction get everyone to freak out, POTUS to tweet like mad, and a general feeling that the world is ending? All this can now happen without the S&P trading below 3000! pic.twitter.com/JanokIhrGv — Jim […]
Chart of the Day – Wednesday, January 15th, 2020
Something to watch, $TLT breaking a 5 month falling wedge today pic.twitter.com/LK8rlrnm5t — Greg Harmon (@harmongreg) January 15, 2020 Today’s Chart of the Day was shared on Twitter by Greg Harmon (@harmongreg). It’s a daily candlestick chart of the 20+ year Treasury Bond ETF, $TLT. Greg points out that the ETF broke out of a […]
Chart of the Day – Tuesday, January 14th, 2020
which way does this $TNX consolidation resolve? path of least resistance is lower pic.twitter.com/2C5xB7Wygm — BostonCharts (@bostonchaahhts) January 14, 2020 Today’s Chart of the Day was shared on Twitter by BostonCharts (@bostonchaahhts). It’s a daily candlestick chart of the US 10-year Treasury yield ETF, $TNX. Price has been consolidating into an ascending triangle pattern over […]
Chart of the Day – Monday, January 13th, 2020
A “growth” stock that could go “high” $CGC pic.twitter.com/oKAUcWfJuA — Peter Brandt (@PeterLBrandt) January 13, 2020 Today’s Chart of the Day was shared on Twitter by Peter Brandt (@PeterLBrandt). It’s a daily candlestick chart of the popular pot stock, Canopy Growth Corporation ($CGC). Marijuana was one of the worst-performing industry groups in 2019. However, it […]
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