What comes next for the S&P500? Are we finally breaking above $420… ? My best guess is a breadth expansion with broader participation while the mega cap names take a back seat over the coming weeks. How do you see it?$SPX $SPY pic.twitter.com/yAiCpgTkmb — Sam McCallum (@Honeystocks1) May 26, 2023 Today’s Chart of the Day […]
Chart of the Day – Tuesday, May 23, 2023
pic.twitter.com/nhIGgn5tAO — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) May 23, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FusionptCapital). It’s a 15-min candlestick chart of S&P 500 futures over the past two weeks. The S&P 500 has been rejected at 4200 (white line) so many times over the past year that it’s almost comical. It […]
Chart of the Day – Friday, May 19, 2023
One for the road. Have a good weekend everybody $SPY $TLT pic.twitter.com/Zb1UKhXjr9 — Austin Harrison, CFA, CMT (@meanstoatrend) May 19, 2023 Today’s Chart of the Day was shared by Austin Harrison (@meanstoatrend). The S&P 500 broke out to nine-month highs on an absolute basis this week. Austin points out that it’s also breaking out relative to Bonds ($SPY/$TLT). This […]
Chart of the Day – Thursday, May 18, 2023
#ndx $ndx New 1-year high. pic.twitter.com/jQJzQAYKVw — Nautilus Research (@NautilusCap) May 18, 2023 Today’s Chart of the Day was shared by Nautilus Research (@NautilusCap). The Nasdaq 100 registered its first 52-week high in over a year today. The table shows the prior instances over the past four decades and the forward returns for the Nasdaq and S&P 500. […]
Chart of the Day – Monday, May 15, 2023
Pretty much a holding pattern across key assets heading into the debt ceiling….$ES_F $GLD $TLT pic.twitter.com/LXcBOtRmSj — Arun S. Chopra CFA CMT🧐 (@FusionptCapital) May 15, 2023 Today’s Chart of the Day was shared by Arun Chopra (@FustionptCapital). If this market has been putting you to sleep lately, you’re not alone. Arun points out that the […]
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