Experienced classical chartists will know what this is. $YM_F pic.twitter.com/9XQAAxsDEl — Peter Brandt (@PeterLBrandt) July 21, 2021 Today’s Chart of the Day was shared on Twitter by Peter Brandt (@PeterLBrandt). It’s a daily bar chart of the Dow Jones Industrial futures over the past three months. Peter alludes to the fact that the Dow has formed […]
Chart of the Day – Wednesday, June 16th, 2021
$DJIA $DIA pic.twitter.com/bkNA4Mxd6J — Ian McMillan, CMT (@the_chart_life) June 16, 2021 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). It’s a chart of the Dow Jones Industrial Average over the past year (bottom), and the % of Dow stocks above their 50-day moving averages (top). We’re continuing to see breadth and momentum deteriorate beneath the surface of […]
Chart of the Day – Friday, April 9th, 2021
$SPX $COMPQ $INDU – A confident close; a confident market market. pic.twitter.com/7lV6oLlEBU — Rob Moreno (@rightviewrob) April 9, 2021 Today’s Chart of the Day was shared by Rob Moreno (@rightviewrob). The Dow, S&P 500, and Nasdaq 100 all closed at record highs today. To be fair, the Nasdaq Composite (lower panel) was unable to reach an all-time […]
Chart of the Day – Friday, January 29th, 2021
The way I learned it was "As goes January, so goes the rest of the year". Mirite? @AlmanacTrader pic.twitter.com/NPNhe5z6t2 — J.C. Parets (@allstarcharts) January 29, 2021 Today’s Chart of the Day was shared on Twitter by JC Parets (@allstarcharts). January is officially in the books! Unfortunately for the bulls, both the S&P 500 and Dow closed […]
Chart of the Day – Thursday, September 24th, 2020
Ladies and gentlemen, we have a Dow Theory nonconfirmation. Higher highs in one index not confirmed by higher highs in the other. Now both indexes threatening new swing lows. $INDU $DJIA $TRAN $DJIT pic.twitter.com/srXrQ443zV — David Keller, CMT (@DKellerCMT) September 24, 2020 Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). […]