The CBOE's oil volatility index ($OVX) has collapsed to its lowest level since September 2021 as the commodity tries to hold onto its first bullish break above the 100-day SMA in 81 trading days pic.twitter.com/kCzWKsFptE — John Kicklighter (@JohnKicklighter) March 6, 2023 Today’s Chart of the Day was shared by John Kicklighter (@JohnKicklighter). It’s a […]
Chart of the Day – Wednesday, April 28th, 2021
Unless things start rocking and rolling in this last half hour, we are going to close out a third day of virtual inactivity for the $SPX. The 3-day ATR is pushing lows comparable to Christmas 2019 and before that 2017 – which is the gold standard for inactivity pic.twitter.com/q4Uzy6t5mk — John Kicklighter (@JohnKicklighter) April 28, […]
Chart of the Day – Friday, May 22nd, 2020
Well, that was a precarious position for $SPX to end the week in: teetering between the 100/200-day moving average combo immediately above and previous range resistance as immediate support below pic.twitter.com/ICxSOhYHAa — John Kicklighter (@JohnKicklighter) May 22, 2020 Today’s Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It’s a daily candlestick […]
Chart of the Day – Tuesday, April 7th, 2020
What carries more weight for this past session's $SPX performance: a second consecutive strong bullish gap on open (global risk on) or reversal to close lower on the day (local risk off)? pic.twitter.com/jETCVa0MqB — John Kicklighter (@JohnKicklighter) April 7, 2020 Today’s Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It’s a […]
Chart of the Day – Thursday, November 14th, 2019
The Dow's past 9-day trading range is the smallest on a historical basis since Jan 2, 2018. Holiday-level conditions. Perfect time for a catalyst… pic.twitter.com/m3TLnI7X3P — John Kicklighter (@JohnKicklighter) November 14, 2019 Today’s Chart of the Day was shared on Twitter by John Kicklighter (@JohnKicklighter). It’s a daily candlestick chart of the Dow Jones Industrial […]