Did the $DXY just fake us out? $USD $UUP pic.twitter.com/dEltfXTwIC — Mike Zaccardi, CFA, CMT (@MikeZaccardi) August 23, 2021 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). it’s a daily candlestick chart of the US Dollar index over the past year. The Dollar raised some eyebrows last week as it broke out to […]
Chart of the Day – Friday, August 20th, 2021
This is typically what the beginning of another leg higher for a whole group looks like. Prior uptrends resolving higher out of bases. Not bearish at all. $ADA $SOL $HNT pic.twitter.com/C2W8kg4Dm1 — Pratyush Tulsian (@PrattyCharts) August 20, 2021 Today’s Chart of the Day was shared by Pratyush Tulsian (@PrattyCharts). The chart shows three altcoins over the […]
Chart of the Day – Thursday, August 19th, 2021
$IWM $RUT At an inflection point. pic.twitter.com/2uuytyD51Q — Aksel Kibar, CMT (@TechCharts) August 19, 2021 Today’s Chart of the Day was shared by Aksel Kibar (@TechCharts). It’s a daily candlestick chart of the Small-Cap Russell 2000 ETF, $IWM, over the past year. All eyes are on the Russell 2000 as it tests a crucial support level […]
Chart of the Day – Wednesday, August 18th, 2021
Copper not doing bullish things here: pic.twitter.com/pZaWKcg8MX — Willie Delwiche (@WillieDelwiche) August 18, 2021 Today’s Chart of the Day was shared by Willie Delwiche (@WillieDelwiche). It’s a daily candlestick chart of Copper futures over the past three years. Copper fell to a four-month low in today’s session, around $4.12 per pound. Price was in a strong uptrend […]
Chart of the Day – Tuesday, August 17th, 2021
199 trading days since last 5% correction in SPX, longest since 2017-18 and 15th-longest since 1928. Temptation is to say we're "overdue" and seasonals support the case, but perhaps a bigger takeaway is 11 of previous 14 were in secular bulls. #trendisyourfriend @NDR_Research pic.twitter.com/mppqf1VPrJ — Ed Clissold (@edclissold) August 17, 2021 Today’s Chart of the Day […]
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