Technical analysis is a risk mgmt tool. > support/resistance zone = long< support/resistance zone = short Let's not overcomplicate it. No catalyst, no profound conviction, no colorful story. Just price levels and simple if/then statements. pic.twitter.com/jNSs68pSkl — Shane C. Murphy (@murphycharts) November 10, 2022 Today’s Chart of the Day was shared by Shane Murphy (@murphycharts). […]
Chart of the Day – Thursday, October 20th, 2022
$SPY above its June low, however $SPY A/D line is below its June low pic.twitter.com/vzAVaMg00B — Stacey.A.Lee (@BBaxter2020) October 20, 2022 Today’s Chart of the Day was shared by Stacey Lee (@BBaxter2020), It’s a daily candlestick chart of the S&P 500 over the past year, along with its Advance/Decline line in the lower panel. The […]
Daily Chart Report 📈 Wednesday, April 6th, 2022
Sponsored By: Today’s Summary Wednesday, April 6th, 2022 Indices: Dow -0.42% | S&P 500 -0.97% | Russell 2000 -1.42% | Nasdaq 100 -2.17% Sectors: 5 of the 11 sectors closed higher. Utilities led, rising +1.99%. Consumer Discretionary lagged, falling -2.55%. Commodities: Crude Oil futures dropped -5.62% to $96.23 per barrel. Gold futures slipped -0.23% to $1,923 per ounce. Currencies: The US Dollar Index rose +0.15% to its highest in nearly two years. Crypto: Bitcoin […]
Daily Chart Report 📈 Wednesday, February 2nd, 2022
Sponsored By: Today’s Summary Wednesday, February 2nd, 2022 Indices: Dow +0.63% | S&P 500 +0.94% | Nasdaq +0.50% | Russell 2000 -1.03% Sectors: 10 of the 11 sectors closed higher. Communications led, gaining 2.00%. Consumer Discretionary was the only sector that closed lower, falling 0.60%. Commodities: Crude Oil futures were flat and continue to trade around $88.26 per barrel. Gold futures rose 0.49% to $1,810 per ounce. Currencies: The US Dollar Index fell 0.29%. Interest Rates: The […]
Daily Chart Report 📈 Tuesday, February 1st, 2022
Sponsored By: Today’s Summary Tuesday, February 1st, 2022 Indices: Dow +0.78% | S&P 500 +0.69% | Nasdaq +0.75% | Russell 2000 +1.10% Sectors: 8 of the 11 sectors closed higher. Energy led by a wide margin, gaining 3.56%. Utilities lagged, falling 1.33%. Commodities: Crude Oil futures inched up 0.24% to a seven-year high of $88.36 per barrel. Gold futures rose 0.27% to $1,801 per ounce. Currencies: The US Dollar Index dropped 0.39%. Interest Rates: The US 10-year Treasury yield ticked higher to 1.791% […]
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