Crude back to a big spot…$CL_F $USO $OILK pic.twitter.com/O3caEZ4KTh — Ian McMillan, CMT (@the_chart_life) November 21, 2022 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). Crude Oil had a wild day. It was on track for its worst day in four months this morning (-6%) as it tested year-to-date lows. However, buyers stepped […]
Chart of the Day – Monday, October 10th, 2022
Long-term Treasuries aren't even stopping for a breather at the 2013 lows…$TLT $TYX pic.twitter.com/pSc9WUoA3H — Ian McMillan, CMT (@the_chart_life) October 10, 2022 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). It’s a chart of the iShares 20+ Year Treasury Bond ETF ($TLT) since 2010. The bond market was closed for Columbus Day […]
Chart of the Day – Thursday, September 22nd, 2022
Outside of the quick 3-day rally in early September, we've seen nothing but selling pressure since all three indices failed to hold their respective June highs…$NDX $SPX $RUT $QQQ $SPY $IWM pic.twitter.com/Vh2PDqgm1C — Ian McMillan, CMT (@the_chart_life) September 22, 2022 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). September has been living […]
Chart of the Day – Thursday, August 4th, 2022
Crude slips below support at ~$94…$CL_F pic.twitter.com/lDFXEnbieV — Ian McMillan, CMT (@the_chart_life) August 4, 2022 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). It’s a chart of Crude Oil futures over the past year and a half. Ian points out that Crude Oil is breaking below support around $94. It had flirted with […]
Chart of the Day – Tuesday, May 31st, 2022
Russell 2000 remains stuck under this 1900 area…$RTY_F $RUT $IWM pic.twitter.com/mdTsvNzek6 — Ian McMillan, CMT (@the_chart_life) May 31, 2022 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). The Russell 2000 has rebounded 9% over the past couple of weeks after successfully testing long-term support. However, it’s still down more than 23%, and as […]
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