The $VIX closed above 16 for the first time in almost six months. Can someone point out the scary part please? pic.twitter.com/gbay7D7Noi — Jason Goepfert (@jasongoepfert) April 4, 2024 🏆 Today’s Chart of the Day was shared by Jason Goepfert (@jasongoepfert). After a nasty intraday reversal, the S&P 500 closed lower by -1.23% today. Meanwhile, […]
Chart of the Day – Wednesday, April 3, 2024
Silver looks like $45. Regardless of where it ends up in the long term, the breakout above the '23 highs means the uptrend that began in 2020 is likely in the early stages of resuming. $SLV #Silver #Commodities #trendfollowing pic.twitter.com/W3ZhxkSuNe — John Kolovos, CMT, CFA (@John_Kolovos) April 3, 2024 🏆 Today’s Chart of the Day […]
Chart of the Day – Tuesday, April 2, 2024
Another way to visualize the cycle is to show it as a clock. If 12:00 is the start of the cycle, compared to the longest cycles in history, it’s only around 3 pm right now. Based on the average cycle, it’s 6 pm. Time is still on our side. /END pic.twitter.com/kSREs3YXHU — Jurrien Timmer (@TimmerFidelity) […]
Chart of the Day – Monday, April 1, 2024
$XLE – Energy is pretty energetic. pic.twitter.com/JysBMzyxHG — Larry Thompson (@HostileCharts) April 1, 2024 🏆 Today’s Chart of the Day was shared by Larry Thompson (@HostileCharts). The Energy Sector ($XLE) closed at its highest level in nearly a decade today after clearing resistance at $94 on Friday. $XLE hasn’t done much since the Summer of […]
Chart of the Day – Thursday, March 28, 2024
Normally, after we see big stock market crash events and we get back to 80% or more S&P 500 stocks above their 200-day, this trend tends to continue for some time… Strength begets strength… Guess what… we just crossed 80%… Is this time going to be different? pic.twitter.com/p6wTBhNkvy — Grant Hawkridge (@granthawkridge) March 28, 2024 […]
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