Tough day in crypto. If bitcoin gets below $25,000 there’s not a lot of support until the $20,000 level. pic.twitter.com/ieCJzzJ7kw — Brian Lund (@bclund) June 5, 2023 Today’s Chart of the Day was shared by Brian Lund (@bclund). It’s a daily chart of Bitcoin year-to-date. Bitcoin broke the neckline of a bearish head & shoulders […]
Daily Chart Report 📈 Friday, June 2, 2023
Powered By: Today’s Summary Friday, June 2, 2023 Indices: Russell 2000 +3.56% | Dow +2.12% | S&P 500 +1.45% | Nasdaq +0.73% Sectors: All 11 sectors closed higher. Materials led, gaining +3.35%. Communications lagged, but still inched higher by +0.13%. Commodities: Crude Oil futures gained +2.34% to $71.74 per barrel. Gold futures dropped -1.30% to $1,970 per oz. Currencies: The US Dollar Index rose +0.46% to $104.04. Crypto: Bitcoin rose +1.58% to $27,251. Ethereum gained +2.41% to […]
Chart of the Day – Friday, June 2, 2023
$RSP S&P500 equally weighted… Taking your breath away to solve the breadth issue… GAP on VOLUME out of the channel and clipping the 200days MAV RSI never confirmed the lows of the channel. pic.twitter.com/fhm3OPWxOD — conradseric, CMT, CAIA, CEFA (@conradseric) June 2, 2023 Today’s Chart of the Day was shared by Eric Conrads (@conradseric). Breadth […]
Daily Chart Report 📈 Thursday, June 1, 2023
Powered By: Today’s Summary Thursday, June 1, 2023 Indices: Nasdaq +1.31% | Russell 2000 +1.05% | S&P 500 +0.98% | Dow +0.47% Sectors: 9 of the 11 sectors closed higher. Communications led, rising +1.35%. Utilities lagged, dropping -0.74%. Commodities: Crude Oil futures gained +2.95% to $70.10 per barrel. Gold futures rose +0.68% to $1,996 per oz. Currencies: The US Dollar Index dropped -0.64% to $103.56. Crypto: Bitcoin fell -1.20% to $26,893. Ethereum inched […]
Chart of the Day – Wednesday, June 1, 2023
Today’s Chart of the Day was shared in a note by Jeff Hirsch, editor of The Stock Trader’s Almanac. The chart show June’s seasonal pattern for the Dow (red), S&P 500 (green), Nasdaq (blue), Russell 1000 (purple), and Russell 2000 (black). June hasn’t been very bullish over the past 21-years (solid lines) with four of […]
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