It's rare that we see such clean cup-and-handle formations as in $MSFT and subsequently $SPX; they tend to have bullish long-term implications #fairleadstrategies pic.twitter.com/1tUdN19kwF — Katie Stockton, CMT (@StocktonKatie) January 18, 2024 🏆 Today’s Chart of the Day was shared by Katie Stockton (@StocktonKatie). The S&P 500 is trolling the bulls at this point. It’s […]
Chart of the Day – Tuesday, June 6, 2023
The rotation into small caps (i.e., expanding breadth) is generating a breakout in $IWM above its 200-day MA, giving it good room to resistance; note the DeMARK “13” from @DeMarkAnalytics supports near-term outperformance vs $SPX #fairleadstrategies pic.twitter.com/SPoSJGRIaG — Katie Stockton, CMT (@StocktonKatie) June 6, 2023 Today’s Chart of the Day was shared by Katie Stockton […]
Chart of the Day – Thursday, May 4, 2023
Gold is testing final resistance at $2063/oz. today, defining the upper bound of a wide long-term range, a breakout from which would be a bullish multi-year development, noting long-term momentum is now positive behind gold per the monthly MACD #fairleadstrategies pic.twitter.com/03pMnGmUXv — Katie Stockton, CMT (@StocktonKatie) May 4, 2023 Today’s Chart of the Day was […]
Chart of the Day – Thursday, March 3rd, 2022
Copper is taking the lead of gold pushing out of a triangle, one of the highest-probability price patterns IMO #fairleadstrategies pic.twitter.com/GWbrts7mpg — Katie Stockton, CMT (@StocktonKatie) March 3, 2022 Today’s Chart of the Day was shared by Katie Stockton (@StocktonKatie). It’s a daily line chart of Copper futures over the past two years. Commodities are […]
Chart of the Day – Wednesday, May 12th, 2021
I am not big on analogs, but this $SPX one does give pause… #fairleadstrategies pic.twitter.com/SQSw7fN0OZ — Katie Stockton, CMT (@StocktonKatie) May 12, 2021 Today’s Chart of the Day was shared by Katie Stockton (@StocktonKatie). A lot of analysts have been pointing to this chart recently. It’s an analog chart comparing the current recovery (white) to the […]