The Advance-Decline Line, which generated a whole bunch of negative divergences in July-August, has now managed to generate a positive divergence. pic.twitter.com/Lzs9j5696i — Walter Deemer (@WalterDeemer) October 13, 2021 Today’s Chart of the Day was shared by Walter Deemer (@WalterDeemer). It’s a chart of the NYSE Advance-Decline Line over the past year, along with the S&P […]
Chart of the Day – Thursday, August 27th, 2021
88% upside day at 11:30. And, as it turned out, this chart *was* kinda important… pic.twitter.com/g0mDbQ21UC — Walter Deemer (@WalterDeemer) August 27, 2021 Today’s Chart of the Day was shared by Walter Deemer (@WalterDeemer). It’s a daily bar chart of the Small-Cap Russell 2000 ETF, $IWM, over the past 11 months. The Russell 2000 ended the week […]
Chart of the Day – Tuesday, March 9th, 2021
Interesting juncture: Today's high and the two moving averages all less than a point from each other. pic.twitter.com/3fN42iRazp — Walter Deemer (@WalterDeemer) March 9, 2021 Today’s Chart of the Day was shared on Twitter by Walter Deemer (@WalterDeemer). It’s a daily bar chart of the Nasdaq 100 ETF, $QQQ, over the past seven months. The […]
Chart of the Day – Tuesday, February 4th, 2020
Now this, kids, is what a *real* parabolic advance looks like. But in the words of Merrill Lynch's legendary Bob Farrell, "Parabolic advances usually go further than you think, but they do not correct by going sideways". #ForTheArchives pic.twitter.com/QIfH9lFzMd — Walter Deemer (@WalterDeemer) February 4, 2020 Today’s Chart of the Day was shared on Twitter […]
Chart of the Day – Thursday, December 26th, 2019
Somewhere, the Hunt Brothers are smiling.. pic.twitter.com/CwtgfUcXtj — Walter Deemer (@WalterDeemer) December 26, 2019 Today’s Chart of the Day was shared on Twitter by Walter Deemer (@WalterDeemer). It’s a daily bar chart of the Silver ETF, $SLV. The ETF closed higher for the sixth consecutive session today. During those six sessions, $SLV has gained over […]