$AAPL vs. $SPX is the most oversold since… …ever. pic.twitter.com/uYZAevRpyt — Frank Cappelleri (@FrankCappelleri) March 6, 2024 🏆 Today’s Chart of the Day was shared by Frank Cappelleri (@FrankCappelleri) Apple Inc. ($AAPL) is rotting away, closing at a four-month low today. It’s fallen for sixconsecutive days, losing nearly -7% during that time. It hasn’t booked […]
Chart of the Day – Tuesday, March 5, 2024
The Yellow Metal …#Gold $GDX @StrategasRP @strategasasset pic.twitter.com/VwDObsNpRA — Chris Verrone (@verrone_chris) March 5, 2024 🏆 Today’s Chart of the Day was shared by Chris Verrone (@verrone_chris). Gold is trading at a record high of $2,142/oz, after surging nearly +5% in the past four days. It’s received far less attention than Bitcoin despite the Gold […]
Chart of the Day – Monday, March 4, 2024
Tulips never came back, but bitcoin just keeps coming back. $BTC pic.twitter.com/Pq2DNhauNW — Pearl (@ppearlman) March 4, 2024 🏆 Today’s Chart of the Day was shared by Phil Pearlman (@ppearlman). Bitcoin officially closed at an all-time high of $68,359 today after rising +8.3%. It’s completed a two-year base within a strong primary uptrend after recovering […]
Chart of the Day – Friday, March 1, 2024
$IWM trying so hard to get to the Promised Land… pic.twitter.com/HaspSBjxRy — Walter Deemer (@WalterDeemer) March 1, 2024 🏆 Today’s Chart of the Day was shared by Walter Deemer (@WalterDeemer). The Russell 2000 ($IWM) outperformed this week, closing at a 22-month high. It remains -15% from its peak, but Walter points out it’s trying its […]
Chart of the Day – Thursday, February 29, 2024
This 23.67% move on $SPX is the highest without a 2% decline (on a closing basis) in the past 20 years. There are 229 green boxes on the 20-year ZigZag chart and this is the biggest one of all of them. For context: The biggest red box during the 2008 bear market was -22.8% in… […]
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