And we're all back above the early October lows…$SPX $SPY $NDX $QQQ $DIA $DJI $RUT $IWM pic.twitter.com/mchOBNaPPU — Ian McMillan, CMT (@the_chart_life) November 3, 2023 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). Stocks had a perfect week in many ways. It was the best week of the year for all four […]
Chart of the Day – Tuesday, July 18, 2023
Well, how about that? Papa finally did it.$DJI $DIA $DJIA pic.twitter.com/NXyqSv3LFB — Ian McMillan, CMT (@the_chart_life) July 18, 2023 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). The Dow rose for the seventh straight day and officially joined the new 52-week high club today. Ian points out that price decisively cleared resistance […]
Chart of the Day – Friday, July 7, 2023
Small Cap Energy holding up much better than their Large Cap peers…$PSCE $XLE pic.twitter.com/jYfZnu0Q7w — Ian McMillan, CMT (@the_chart_life) July 7, 2023 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). Energy continues to be the weakest sector year-to-date after outperforming by a mile last year. However, the sector led by a notable […]
Chart of the Day – Thursday, January 12th, 2023
$DXY staying below 104 would be another tailwind for bulls… pic.twitter.com/wHS0UEevsM — Ian McMillan, CMT (@the_chart_life) January 12, 2023 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). The US Dollar Index ($DXY) dropped 1% to a fresh 7-month low today. More importantly, it closed firmly below $104, which represents the former highs from […]
Chart of the Day – Monday, November 21st, 2022
Crude back to a big spot…$CL_F $USO $OILK pic.twitter.com/O3caEZ4KTh — Ian McMillan, CMT (@the_chart_life) November 21, 2022 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). Crude Oil had a wild day. It was on track for its worst day in four months this morning (-6%) as it tested year-to-date lows. However, buyers stepped […]
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