$30.39 on Mar21 Silver. Above=Good, Below=Bad. Every once in awhile it’s just not all that complicated. Either price takes out resistance and the race higher begins (maybe) … or it bashes it’s head painfully against resistance and falls off the ladder. Thud. pic.twitter.com/p7b0zbBy6i — Jay Kaeppel (@jaykaeppel) February 2, 2021 Today’s Chart of the Day was […]
Chart of the Day – Monday, February 1st, 2021
The active de-grossing (long selling + short covering) has been some of the most extreme (7 sigma event) on record and was in-line with mid-Mar ’20 (biggest since 2010). Such events typically mark the bottom in equities and have been followed by 20%+ rallies in coming months. pic.twitter.com/DY7sLZTRLB — Moritz (@Moritz_of_Hesse) January 29, 2021 Today’s […]
Chart of the Day – Friday, January 29th, 2021
The way I learned it was "As goes January, so goes the rest of the year". Mirite? @AlmanacTrader pic.twitter.com/NPNhe5z6t2 — J.C. Parets (@allstarcharts) January 29, 2021 Today’s Chart of the Day was shared on Twitter by JC Parets (@allstarcharts). January is officially in the books! Unfortunately for the bulls, both the S&P 500 and Dow closed […]
Chart of the Day – Thursday, January 28th, 2021
This chart will be in history books. pic.twitter.com/Ru9BNjijdU — TradingView (@tradingview) January 28, 2021 Today’s Chart of the Day was shared on Twitter by TradingView (@tradingview). It’s a daily candlestick chart of GameStop over the past couple of months. In case you’ve been living under a rock, shares of GameStop have experienced a massive short […]
Chart of the Day – Wednesday, January 27th, 2021
Dollar getting pinched between the 20 and 50 dma $DXY pic.twitter.com/qgHDbd0GhW — David Rath (@DJwrath) January 27, 2021 Today’s Chart of the Day was shared on Twitter by David Rath (@DJwrath). It’s a daily candlestick chart of the US Dollar Index ($DXY) over the past six months. We may sound like a broken record here, but […]
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