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Chart of the Day – Friday, January 6th, 2023

January 6, 2023 Patrick Dunuwila

Have long claimed that you can see whatever you want to see in a chart. FWIW, I see an important support level. ABOVE = GOODBELOW = BADNot "predicting" one or the other, but watching closely. pic.twitter.com/CuW3FmJn8T — Jay Kaeppel (@jaykaeppel) January 6, 2023 Today’s Chart of the Day was shared by Jay Kaeppel (@jaykaeppel). The […]

$NDX, Chart of the Day, Jay Kaeppel, Nasdaq 100

Chart of the Day – Tuesday, November 22nd, 2022

November 22, 2022 Patrick Dunuwila

Big difference b/w Dow $DJI & Nasdaq $NDX Dow has already rallied ~18% off its October low and retraced 62% of its max YTD drawdown Nasdaq is only about 11% above its October low, representing less than a 20% retracement pic.twitter.com/0ixHLBefPe — Steven Strazza (@sstrazza) November 22, 2022 Today’s Chart of the Day was shared […]

$DJI, $NDX, Chart of the Day, Dow Jones Industrial Average, Steve Strazza

Chart of the Day – Tuesday, October 25th, 2022

October 25, 2022 Patrick Dunuwila

$QQQ pic.twitter.com/r8ntjscLpm — J4 (@J4_doji) October 25, 2022 Today’s Chart of the Day was shared by @J4_doji. The Nasdaq 100 has bounced more than 9% in less than two weeks. However, it’s still down -30% from its peak and it continues to be in a downtrend. It’s already had two double-digit bear market rallies this year. One in March […]

$NDX, $QQQ, Chart of the Day

Chart of the Day – Wednesday, September 28th, 2022

September 28, 2022 Patrick Dunuwila

#NQ_F, #ES_F, #RTY_F S____U____P____P____O____R____T____S pic.twitter.com/3tfUJXDjIr — Yuriy Matso (@yuriymatso) September 28, 2022 Today’s Chart of the Day was shared by Yuriy Matso (@yuriymatso). Stocks rebounded from extreme oversold conditions today, pushing these three major indices back above their June lows. To be fair, the Dow is still trading below its June low. Interestingly, the Nasdaq […]

$NDX, $RUT, $SPX, Chart of the Day, Yuriy Matso

Chart of the Day – Thursday, September 22nd, 2022

September 22, 2022 Patrick Dunuwila

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 […]

$NDX, $RUT, $SPX, Chart of the Day, Ian McMillan

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