Steel stocks are on pace for their highest weekly close in almost 12 years $SLX ? pic.twitter.com/umnjIZOKjR — Steven Strazza (@sstrazza) March 3, 2023 Today’s Chart of the Day was shared on Twitter by Steve Strazza (@sstrazza). It’s a weekly candlestick chart of the Steel ETF, $SLX, over the past 13 years. The largest holdings […]
Chart of the Day – Friday, February 3rd, 2023
With the Value Line Geometric Index $VLG back above the 2018 and August 2022 highs, the path of least resistance is now higher for the median stock ? pic.twitter.com/2StUHMKUGj — Steven Strazza (@sstrazza) February 3, 2023 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). It’s a chart of the Value Line Geometric […]
Chart of the Day – Friday, January 13th, 2023
Some people will seriously lose it if crypto goes back into rally mode right now following the disaster that 2022 was… With the highest momentum reading in 2yrs as $BTC tries to reclaim the prior-cycle highs, I think that's where we're headed. Conditions are ripe ? pic.twitter.com/XxzDpO8LNe — Steven Strazza (@sstrazza) January 13, 2023 Today’s […]
Chart of the Day – Tuesday, December 6th, 2022
Financials getting rejected at a logical level of overhead supply. Momentum never hit overbought to confirm the slightly higher high $XLF pic.twitter.com/nssbwA2Qq1 — Steven Strazza (@sstrazza) December 6, 2022 Today’s Chart of the Day was shared by Steve Strazza (@sstrazza). It’s a chart of the Financial Sector ($XLF) over the past two and a half […]
Chart of the Day – Tuesday, November 22nd, 2022
Big difference b/w Dow $DJI & Nasdaq $NDX Dow has already rallied ~18% off its October low and retraced 62% of its max YTD drawdown Nasdaq is only about 11% above its October low, representing less than a 20% retracement pic.twitter.com/0ixHLBefPe — Steven Strazza (@sstrazza) November 22, 2022 Today’s Chart of the Day was shared […]
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