Today’s Chart of the Day was shared in an article by Frank Chaparro (@fintechfrank). Earlier today, a report from Bloomberg revealed that legendary investor Paul Tudor Jones II is long Bitcoin. Paul Tudor Jones is highly respected in the technical community for amassing a multi-billion-dollar fortune by observing price action and riding trends. When he speaks, chart watchers listen! In […]
Chart of the Day – Wednesday, May 6th, 2020
The mkt's been at current levels for 3 wks now, neither pushing higher nor rolling over. A pretty good standoff btw those who think the ricochet from 3/23 has more room to run, & those who think the rebound is overdone/basically out of gas. Our thinking: we roll over here. $SPX pic.twitter.com/eVu1ACOvQ8 — Carter […]
Chart of the Day – Tuesday, May 5th, 2020
$NG_F Breakout confirmed. Let’s see where it goes… pic.twitter.com/w9fS18CaQd — Ian McMillan, CMT (@the_chart_life) May 5, 2020 Today’s Chart of the Day was shared on Twitter by Ian McMillan (@the_chart_life). It is a three-hour candlestick chart of Natural Gas Futures year-to-date. As you can see, price has spent the majority of the year carving out a […]
Chart of the Day – Monday, May 4th, 2020
Today’s Chart of the Day was shared by Matt Weller of Forex.com, in an article titled: “The Bitcoin Halving: What Traders Need to Know.” It’s a weekly candlestick chart of Bitcoin priced in US dollars, going back to 2012. In the article, Matt discusses the third Bitcoin “halving” event that is expected to occur around May 11th or […]
Chart of the Day – Friday, May 1st, 2020
How about these island tops in semi's, banks and industrials $SOX $BKX $XLI pic.twitter.com/7gWyPfXwzt — Aaron (@ATMcharts) May 1, 2020 Today’s Chart of the Day was shared on Twitter by Aaron Jackson (@ATMcharts). Aaron shows the daily candlestick charts of three key industry groups; Semiconductors ($SOX), Banks ($BKX), and Industrials ($XLI). Aaron points out that all […]
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