pic.twitter.com/nyQBCcGkok — Walter Deemer (@WalterDeemer) July 12, 2024 🏆 Today’s Chart of the Day was shared by Walter Deemer (@WalterDeemer). Despite yesterday’s stumble, the S&P 500 ($SPX) printed an all-time high for the second consecutive week, rising +0.86%. It’s closed higher in 10 of the past 12 weeks, rising +13%. Breadth dramatically improved on Thursday […]
Chart of the Day – Wednesday, November 8, 2023
As $SPY tests its October highs the % of stocks above their 200ma retreats from its October highs pic.twitter.com/ev7FQKlSxj — Stacey.A.Lee (@BBaxter2020) November 8, 2023 Today’s Chart of the Day was shared by Stacey Lee (@BBaxter2020). The S&P 500 rose for the eighth straight day today, closing at its highest since September. It’s attempting to […]
Chart of the Day – Wednesday, October 13th, 2021
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 – Tuesday, June 22nd, 2021
Look at how quick the dip got defended in $SPX. Two days almost got it all back. pic.twitter.com/IMurAg7k7J — Michael Antonelli (@BullandBaird) June 22, 2021 Today’s Chart of the Day was shared by Michael Antonelli (@BullandBaird). It’s a daily bar chart of the S&P 500 over the past couple of months. Michael points out that […]
Chart of the Day – Friday, June 18th, 2021
The bottom line is market breadth has been deteriorating behind the scenes. This isn't end of the world stuff, but after a 90% rally for the S&P 500, it has been suggesting a break could be needed. pic.twitter.com/OKd68QpomU — Ryan Detrick, CMT (@RyanDetrick) June 18, 2021 Today’s Chart of the Day was shared by Ryan […]