The 200-day moving average, the anchored VWAP from all-time highs, and a downward-sloping trendline all converge in the same area, making it an important confluence of resistance for the S&P 500 $SPY pic.twitter.com/6hq3yIfIee — Alfonso Depablos (@AlfCharts) January 26, 2023 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). This week,  the S&P […]

Sponsored By: Today’s Summary Wednesday, January 25th, 2023 Indices: Russell 2000 +0.25% | Dow +0.03% | S&P 500 -0.02% | Nasdaq 100 -0.27% Sectors: 8 of the 11 sectors closed higher. Financials led, gaining +0.78%. Utilities lagged, falling -1.35%. Commodities: Crude Oil futures were flat and continue to trade at $80.15 per barrel. Gold futures rose +0.28% to a 9-month high of $1,943 per ounce. Currencies: The US Dollar Index fell -0.27% to a […]

Offense-defense ratio clearly breaking out of an 8 month base on equal-weighted basis. Things you want > things you need, and that's a bullish sign. $XLY $XLP $RCD $RHS pic.twitter.com/CtSccVqVWb — David Keller, CMT (@DKellerCMT) January 25, 2023 Today’s Chart of the Day was shared by David Keller (@DKellerCMT). It’s a ratio chart of the […]

Offense-defense ratio clearly breaking out of an 8 month base on equal-weighted basis. Things you want > things you need, and that's a bullish sign. $XLY $XLP $RCD $RHS pic.twitter.com/CtSccVqVWb — David Keller, CMT (@DKellerCMT) January 25, 2023 Today’s Chart of the Day was shared by David Keller (@DKellerCMT). It’s a ratio chart of the […]