Some people will seriously lose it if crypto goes back into rally mode right now following the disaster that 2022 was… With the highest momentum reading in 2yrs as $BTC tries to reclaim the prior-cycle highs, I think that's where we're headed. Conditions are ripe ? pic.twitter.com/XxzDpO8LNe — Steven Strazza (@sstrazza) January 13, 2023 Today’s […]
Chart of the Day – Thursday, January 12th, 2023
$DXY staying below 104 would be another tailwind for bulls… pic.twitter.com/wHS0UEevsM — Ian McMillan, CMT (@the_chart_life) January 12, 2023 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). The US Dollar Index ($DXY) dropped 1% to a fresh 7-month low today. More importantly, it closed firmly below $104, which represents the former highs from […]
Chart of the Day – Wednesday, January 11th, 2023
Encouraging action in one of my favorite breadth indicators, the percent of $SPX stocks above key moving averages. Both remained above the important 50% level, suggesting stocks broadly speaking are in a bullish phase. Food for thought! pic.twitter.com/goPEYwRZzp — David Keller, CMT (@DKellerCMT) January 11, 2023 Today’s Chart of the Day was shared by David […]
Chart of the Day – Tuesday, January 10th, 2023
It's not a coincidence that charts for emerging markets and copper happen to look great at the same time. $EEM $VWO $HG_F $JJC $COPX pic.twitter.com/Z8jR6eriI6 — Brian G (@alphacharts) January 10, 2023 Today’s Chart of the Day was shared by Brian G (@alphacharts). The chart shows Copper Futures & Emerging Markets ($EEM) over the past […]
Chart of the Day – Monday, January 9th, 2023
Back-to-back WEEKLY doji candles just above very round 10000 number should be respected until they are negated $COMPQ. Reversed near 50-day SMA. "Turnaround Tuesday" awaits. pic.twitter.com/qY8Z2qhN5w — Douglas Busch CMT (@chartsmarter) January 9, 2023 Today’s Chart of the Day was shared by Doug Busch (@chartsmarter). The Tech-heavy Nasdaq has underperformed the S&P 500 for more than […]
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