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 […]
Chart of the Day – Friday, January 6th, 2023
Have long claimed that you can see whatever you want to see in a chart. FWIW, I see an important support level. ABOVE = GOODBELOW = BADNot "predicting" one or the other, but watching closely. pic.twitter.com/CuW3FmJn8T — Jay Kaeppel (@jaykaeppel) January 6, 2023 Today’s Chart of the Day was shared by Jay Kaeppel (@jaykaeppel). The […]
Chart of the Day – Thursday, January 5th, 2023
$KWEB back to the VWAP off its 2021 high. pic.twitter.com/ucA47O5g6M — Andrew Thrasher, CMT (@AndrewThrasher) January 5, 2023 Today’s Chart of the Day was shared by Andrew Thrasher (@AndrewThrasher). Chinese Internet stocks have been a surprising area of relative strength recently. $KWEB has surged 100% in less than three months, while the S&P 500 has gone […]
Chart of the Day – Wednesday, January 4th, 2023
3900 is proving to be a major battleground, there is a lot of price memory here from Anchored VWAPslight blue=June lowpurple = August highgreen= 2022 lowred= December highdark blue= Fed meeting market is stuck in a choppy zone until it breaks the 3800-3900 range $ES_F $SPY pic.twitter.com/HIbMvNe1ie — Brian Shannon, CMT (@alphatrends) January 4, 2023 […]
Chart of the Day – Tuesday, January 3rd, 2023
Today the US dollar index $DXY found support at a shelf of former highs, rallying into its strongest seasonal period. pic.twitter.com/PARq00ZXJT — Ian Culley (@IanCulley) January 3, 2023 Today’s Chart of the Day was shared by Ian Culley (@IanCulley). The US Dollar kicked off the new year today with its best day in nearly three […]
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