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 – Tuesday, February 21st, 2023
$SPY and $RSP back below their December highs. pic.twitter.com/1y8QKuzpzr — Stacey.A.Lee (@BBaxter2020) February 21, 2023 Today’s Chart of the Day was shared by Stacey Lee (@BBaxter2020). The S&P 500 dropped 2.00% today, marking its worst day so far in 2023. Stacey points out that both the S&P 500 and its equally weighted version are back below […]
Chart of the Day – Monday, December 19th, 2022
A common theme in '22: Failed breakouts. Especially the biggest and best-looking ones.$DJIA $INDU pic.twitter.com/dzdcBoK6N0 — Frank Cappelleri (@FrankCappelleri) December 19, 2022 Today’s Chart of the Day was shared by Frank Cappelleri (@FrankCappelleri). It’s a weekly chart of the Dow Jones Industrial Average over the past three years. Frank points out that the Dow recently […]
Chart of the Day – Tuesday, October 4th, 2022
Bear trap island? ?️ pic.twitter.com/4UN1cRilfP — David Zarling, CMT (@AdaptivCharts) October 4, 2022 Today’s Chart of the Day was shared by David Zarling (@AdaptivCharts). It’s a 1-hour candlestick chart of the S&P 500 year-to-date. David points out that the S&P 500 has stranded the bears on a deserted island. We’re talking about a bullish island […]
Chart of the Day – Thursday, May 19th, 2022
Talk about a big catalyst for a recovery in risk assets if this turns into a failed move…$DXY pic.twitter.com/UQ59TAdvsU — Louis Sykes (@haumicharts) May 19, 2022 Today’s Chart of the Day was shared by Louis Sykes (@haumicharts). The Dollar Index broke through long-term resistance around $104 a couple of weeks ago, hitting its highest level […]