And we're all back above the early October lows…$SPX $SPY $NDX $QQQ $DIA $DJI $RUT $IWM pic.twitter.com/mchOBNaPPU — Ian McMillan, CMT (@the_chart_life) November 3, 2023 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). Stocks had a perfect week in many ways. It was the best week of the year for all four […]
Chart of the Day – Wednesday, August 30, 2023
The last time the Nasdaq was trading around these levels (grey), the Fear & Greed Index was in a position of "Greed" or "Extreme Greed". Today, the F&G Index is "Neutral". This is why I kept saying a consolidation was healthy & normal. The market has reset. Rejoice. pic.twitter.com/hN2JXXV3SM — Caleb Franzen (@CalebFranzen) August 30, […]
Chart of the Day – Thursday, August 10, 2023
$NDX – The real fight is about to begin. Bulls need to get off the canvas (short term). pic.twitter.com/orL4OJrqYH — Larry Thompson (@HostileCharts) August 10, 2023 Today’s Chart of the Day was shared by Larry Thompson (@HostileCharts). Larry points out that the Nasdaq 100 ($NDX) is testing a confluence of potential support, around 15,000. This […]
Chart of the Day – Wednesday, July 19, 2023
Today’s Chart of the Day was shared by Joe Fahmy (@jfahmy). Joe points out that the current rally in the Nasdaq Composite (right) resembles the rally in 2003 when the index was recovering from the dot-com bubble. Both 2003 and 2023 were preceded by bear markets that bottomed in October. As we know, October has […]
Chart of the Day – Thursday, May 18, 2023
#ndx $ndx New 1-year high. pic.twitter.com/jQJzQAYKVw — Nautilus Research (@NautilusCap) May 18, 2023 Today’s Chart of the Day was shared by Nautilus Research (@NautilusCap). The Nasdaq 100 registered its first 52-week high in over a year today. The table shows the prior instances over the past four decades and the forward returns for the Nasdaq and S&P 500. […]
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