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Chart of the Day – Thursday, August 11, 2023

August 11, 2023 Patrick Dunuwila

If Tech stocks $XLK can't hold its current level, we may be facing an additional 8-10% decline. Doesn't seem unreasonable considering their gains this year. pic.twitter.com/OWeFCCfp5w — John Rothe, CMT (@JohnRothe) August 11, 2023 Today’s Chart of the Day was shared by John Rothe (@JohnRothe). Technology ($XLK) was the weakest sector today and this week. […]

$SPX, $XLK, Chart of the Day, Sector Rotation, Sectors, Technology

Chart of the Day – Tuesday, March 16th, 2021

March 16, 2021 Patrick Dunuwila

Supply for #energy stocks coming in at a ~5yr polarity area. Above $55 is ?, remaining below is ? $XLE $SPY #oil #stocks #CrudeOil pic.twitter.com/mVHpkZbuND — Drew Wells, CMT, CIMA® (@DrewTheCharts) March 16, 2021 Today’s Chart of the Day was shared on Twitter by Drew Wells (@DrewTheCharts). It’s a weekly candlestick chart of the Energy sector […]

$XLE, Chart of the Day, Drew Wells, Energy, Sector Rotation, Sectors

Chart of the Day – Tuesday, February 23rd, 2021

February 23, 2021 Patrick Dunuwila

this is not fear… pic.twitter.com/zpg7OoUQId — ? I. Vodenitcharov CFA CMT (@iv_technicals) February 23, 2021 Today’s Chart of the Day was shared on Twitter by @iv_technicals. It’s a heat map of the S&P 500 showing today’s % change for each component (as of 1pm EST today). The flavor of the week is Rotation. Over the past two days, we’ve seen […]

$SPYG, $SPYV, Chart of the Day, Growth, Rotation, Sector Rotation, Value

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