Even with today's move higher (pre-Fed), only $AAPL is showing anything positive. The rest are still consolidating within downtrends (at least for now).$MSFT $AAPL $AMZN $GOOG #FederalReserve pic.twitter.com/26IV45FyPZ — Jim Denholm, CMT (@denholm_jim) July 27, 2022 Today’s Chart of the Day was shared by Jim Denholm (@denholm_jim). The chart pack shows four of the five […]
Chart of the Day – Friday, April 22nd, 2022
Russell 2000 nearing critical support. If this range breaks to the downside, markets could be in major trouble.$RUT $IWM pic.twitter.com/QGGOCaRDdu — Jim Denholm, CMT (@denholm_jim) April 22, 2022 Today’s Chart of the Day was shared by Jim Denholm (@denholm_jim). It’s a daily candlestick chart of the Russell 2000, over the past year and a half. […]
Chart of the Day – Wednesday, March 16th, 2022
When there's noise, try to simplify.$SPX $SPY $NQ #markets #KISS pic.twitter.com/oETLWip7EJ — Jim Denholm, CMT (@denholm_jim) March 16, 2022 Today’s Chart of the Day was shared by Jim Denholm (@denholm_jim). It’s a daily candlestick chart of the S&P 500 over the past six months. There’s a ton of noise out there today about what the […]
Chart of the Day – Friday, November 22nd, 2019
$SPX has now had 3 corrections since the 2009 low. There is now a clear break higher. Maybe the market reverses, but that is clearly the lower probability scenario. Get on board and map out appropriate stops. pic.twitter.com/O79o8Teyls — Jim Denholm, CMT (@denholm_jim) November 22, 2019 Today’s Chart of the Day was shared on Twitter […]