A Zweig Breadth Thrust buy signal has only triggered six times in the last 20 years. Are we headed for a 7th?https://t.co/5Wu6XRll09 pic.twitter.com/DtkCh0NXY0 — David Keller, CMT (@DKellerCMT) March 31, 2020 Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). It’s a chart of the S&P 500 over the past 20-years, […]
Chart of the Day – Tuesday, March 10th, 2020
Stocks to bonds ratio has dropped significantly, resulting in an oversold condition similar to previous bounces over the last year. Could see a snapback rally with a bounce in stocks/pullback in bonds but I believe that would be short-lived. $SPX $SPY $TLT pic.twitter.com/eVh57Br2MD — David Keller, CMT (@DKellerCMT) March 10, 2020 Today’s Chart of the […]
Chart of the Day – Monday, February 10th, 2020
Add this chart to the list of bearish divergences abounding right about now…S&P at new highs but less stocks rebounding above their moving averages.$SPX $SPY pic.twitter.com/lDdjlBqmn5 — David Keller, CMT (@DKellerCMT) February 10, 2020 Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). It’s a chart of the S&P 500 over […]
Chart of the Day – Tuesday, November 26th, 2019
Until this two-year chart of the $XLF looks much less constructive, have to expect further market strength. $SPY $SPX #bigbasebreakout pic.twitter.com/QjI6ilfD5K — David Keller, CMT (@DKellerCMT) November 26, 2019 Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). It’s a daily bar chart of the Financial sector ETF, $XLF, over the […]
Chart of the Day – Tuesday, October 1st, 2019
Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). It’s a daily bar chart of the S&P 500 index since April. David lays out the three directions of the market in order of least painful to most painful. He argues that sideways markets, like the one we’re currently in, are the […]
