During the 2000 bear market the NASDAQ rallied 40%, 28%, 41%, 50% and 36%. All of them nothing more than bear market rallies with few stock working from breakouts. Many BO traders got cut into ribbons because they couldn't resist the temptation to jump in for fear of missing out. pic.twitter.com/NuOaxTl0VE — Mark Minervini (@markminervini) […]
Chart of the Day – Friday, July 15th, 2022
$SPY $IWM $QQQ $DIA still below last week's highs pic.twitter.com/jvUXnifLoe — Stacey.A.Lee (@BBaxter2020) July 15, 2022 Today’s Chart of the Day was shared by Stacey Lee (@BBaxter2020). The chart shows the four major index ETFs – $SPY, $QQQ, IWM, and $DIA. The major indices closed nicely off their lows this week, however, Stacey points out […]
Chart of the Day – Tuesday, July 12th, 2022
#NQ_F, 1h NQ has been dancing around 11800 for 2 months now… pic.twitter.com/0xgycTPVyw — Yuriy Matso (@yuriymatso) July 12, 2022 Today’s Chart of the Day was shared by Yuriy Matso (@yuriymatso). It’s a 1-hour candlestick chart of Nasdaq Futures since the beginning of May. Yuriy points out that the Nasdaq has made a series of […]
Chart of the Day – Friday, June 24th, 2022
Horizontal lines on a price chart. Keep it simple this weekend!✌️$NDX $SPX pic.twitter.com/Zny9jFZz2i — Shane C. Murphy, CMT (@murphycharts) June 24, 2022 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). It’s a daily candlestick chart of the Nasdaq 100 over the past nine months. The Nasdaq rebounded 7.45% this week, marking its third-best […]
Chart of the Day – Friday, June 10th, 2022
$SPX $COMPQ $DJA – Bearish "eveningstar" reversal patterns on the weekly index charts. These represent a three week transition in sentiment from bullishness (large white candle), to a neutral view (doji candle), to bearishness (large dark candle). pic.twitter.com/jxkmPW6ann — Rob Moreno (@rightviewrob) June 10, 2022 Today’s Chart of the Day was shared by Rob Moreno […]
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