Textbook false breakout in Midcaps ETF $MDY Seeing a lot of these… pic.twitter.com/nJTrfunA12 — Justin Spittler (@JSpitTrades) April 17, 2024 🏆 Today’s Chart of the Day was shared by Justin Spittler (@JSpitTrades). The S&P 500 is only down -4.4% from record highs. However, the market looks increasingly weaker as you go down the cap scale. […]
Daily Chart Report 📈 Tuesday, April 2, 2024
Powered By: Today’s Summary Tuesday, April 2, 2024 Indices: S&P 500 -0.72% | Nasdaq 100 -0.94% | Dow -1.00% | Russell 2000 -1.80% Sectors: 2 of the 11 sectors closed higher. Energy led by a notable margin, gaining +1.40%. Health Care lagged, falling -1.56%. Commodities: Crude Oil futures rose +1.72% to a five-month high of […]
Chart of the Day – Monday, February 26, 2024
An effective method to recognize uptrends is if the 50-day average is above the 200-day average. 73% of S&P 500 stocks have a 50-day average above their 200-day average. This is the most substantial percentage since October 2021, indicating a significant uptrend in the market. pic.twitter.com/TkmEp1xD71 — Grant Hawkridge (@granthawkridge) February 26, 2024 🏆 Today’s […]
Daily Chart Report 📈 Friday, February 23, 2024
Powered By: Today’s Summary Friday, February 23, 2024 Indices: Dow +0.16% | Russell 2000 +0.14% | S&P 500 +0.03% | Nasdaq 100 -0.37% Sectors: 7 of the 11 sectors closed higher. Utilities led, gaining +0.68%. Energy lagged, falling -0.66%. Commodities: Crude Oil futures dropped -2.70% to $76.49 per barrel. Gold futures rose +0.92% to $2,049 […]
Chart of the Day – Wednesday, February 21, 2024
$NVDA's charge has lifted the $QQQ Nasdaq 100 ETF over 0.6% after hours. Can this ticker play the savior to what some would otherwise consider a technical channel breakdown? pic.twitter.com/jALcAa8PNI — John Kicklighter (@JohnKicklighter) February 21, 2024 🏆 Today’s Chart of the Day was shared by John Kicklighter (@JohnKicklighter). Nvidia ($NVDA) surged +9% after-hours in […]
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