Thus far, S&P 500's bounce at 200-day not too impressive. 200-day still a relevant guidepost; it sits at 3940. pic.twitter.com/xGX01XFyFB — Chris Ciovacco (@CiovaccoCapital) March 7, 2023 Today’s Chart of the Day was shared by Chris Ciovacco (@CiovaccoCapital). The battle between the S&P 500 and its 200-day moving average rages on…We bounced off the 200-day on […]
Chart of the Day – Thursday, March 2nd, 2023
This comment may sound ridiculous as early as tomorrow’s open BUT, FWIW, today price answered the bell exactly at the price and at the moment it needed to. Might as well enjoy the moment. pic.twitter.com/n2Ti556Awi — Jay Kaeppel (@jaykaeppel) March 2, 2023 Today’s Chart of the Day was shared on Twitter by Jay Kaeppel (@jaykaeppel). […]
Chart of the Day – Friday, February 24th, 2023
The consensus bearish narrative toward equities seems overly confident. The S&P 500 may be retesting its breakout point rather than starting a new down leg. RSI and MACD lows from December are worth keeping an eye on. pic.twitter.com/mTywCPnyJG — Gina Martin Adams (@GinaMartinAdams) February 24, 2023 Today’s Chart of the Day was shared by Gina […]
Chart of the Day – Wednesday, February 22nd, 2023
$SPX – Does 3930-3940 look like an important area? Quite a lot going on there. ?200-Day MA ?The ATH downtrend line?Oct '22 low trendline ?Oct '22 low AVWAP pic.twitter.com/BQBRvJcbN5 — Andrew Moss, CMT (@Andy__Moss) February 22, 2023 Today’s Chart of the Day was shared by Andy Moss (@Andy_Moss). The S&P 500 poked its head above […]
Chart of the Day – Tuesday, February 21st, 2023
$SPY and $RSP back below their December highs. pic.twitter.com/1y8QKuzpzr — Stacey.A.Lee (@BBaxter2020) February 21, 2023 Today’s Chart of the Day was shared by Stacey Lee (@BBaxter2020). The S&P 500 dropped 2.00% today, marking its worst day so far in 2023. Stacey points out that both the S&P 500 and its equally weighted version are back below […]
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