Add this chart to the list of bearish divergences abounding right about now…S&P at new highs but less stocks rebounding above their moving averages.$SPX $SPY pic.twitter.com/lDdjlBqmn5 — David Keller, CMT (@DKellerCMT) February 10, 2020 Today’s Chart of the Day was shared on Twitter by David Keller (@DKellerCMT). It’s a chart of the S&P 500 over […]
Chart of the Day – Thursday, January 30th, 2020
BAYCREST: S&P 500 “is starting to break below its uptrend channel .. We see risk to the 50 DMA around 3208 .. Should the 50 DMA not hold, the risk is a bigger 5-6% move down as there is a ‘volume pocket’ towards the 3,000 level.” – @jkrinskypga pic.twitter.com/gwCH5TjldE — Carl Quintanilla (@carlquintanilla) January 30, […]
Chart of the Day – Tuesday, January 28th, 2020
When the $SPX has declined by at 2.25% over 2 days and then rallied by at least 1% the index was up 70% of the time two weeks later. Results saw some new lows first but several instances of immediate continuation of the prior up trend. pic.twitter.com/ZwP9zWajv4 — Andrew Thrasher, CMT (@AndrewThrasher) January 28, 2020 […]
Chart of the Day – Tuesday, January 21st, 2020
Today’s Chart of the Day was shared in an article by Schaeffer’s Investment Research. The S&P 500 is currently 11% above its 200-day moving average; the most extended it’s been in about two years. While many take this as a sign that the market is overbought, Schaeffer’s points out that it’s historically been a bullish […]
Chart of the Day – Thursday, January 16th, 2020
With the S&P>3300, a 10% correction now takes it back to its Oct all-time high. (red line) But won't a 10% correction get everyone to freak out, POTUS to tweet like mad, and a general feeling that the world is ending? All this can now happen without the S&P trading below 3000! pic.twitter.com/JanokIhrGv — Jim […]
- « Previous Page
- 1
- …
- 32
- 33
- 34
- 35
- 36
- …
- 42
- Next Page »