Is this just classic Year 2 of a cycle market behavior? Like some of these others? https://t.co/By9gU9MaEt pic.twitter.com/0nHZHvzCKF — J.C. Parets (@allstarcharts) April 27, 2021 Today’s Chart of the Day was shared in a note by JC Parets (@allstarcharts). The chart shows the S&P 500 as it was recovering from four separate bear markets – […]
Chart of the Day – Monday, April 26th, 2021
Ten year yield upturn here would make perfect technical sense. Pullback to ascending 50-day moving average after bearish divergence, just above Fibonacci support around 1.5%, RSI remains above 40. All the stars aligned…. now just need rates to go higher! pic.twitter.com/l0qMYg6jEC — David Keller, CMT (@DKellerCMT) April 26, 2021 Today’s Chart of the Day was […]
Chart of the Day – Friday, April 23rd, 2021
Weekly $SPX update: stocks shook off Tues and Thurs blues to end flat on week. Next stop RSI 75? pic.twitter.com/BO5qx52o74 — Michael Turvey (@MikeTurvey_TDA) April 23, 2021 Today’s Chart of the Day was shared by Michael Turvey (@MikeTurkey_TDA). It’s a weekly candlestick chart of the S&P 500 over the past year and a half. It […]
Chart of the Day – Thursday, April 22nd, 2021
$ETHUSD vs. $BTCUSD Ethereum is moving higher from a 2.5-year base, relative to big brother Bitcoin… pic.twitter.com/PLo0PPW0oA — Ian McMillan, CMT (@the_chart_life) April 22, 2021 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). This is easily one of the most talked-about charts this week. It’s a chart of Ethereum vs. Bitcoin ($ETHUSD vs. […]
Chart of the Day – Wednesday, April 21st, 2021
Today’s Chart of the Day was shared in a note by Nick Reece of Merk Research (@nicholastreece). While there are definitely signs of excessive optimism in the markets, Nick explains that the S&P 500 is not in bubble territory yet. In the note, Nick wrote, “The term “bubble has lost its meaning from overuse; so I’ve chosen four […]
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