It took $RTY eight months to break out and exactly 15 days to plunge into a 10% correction. pic.twitter.com/srJjWPT6Od — Elena Popina (@lena_popina) November 30, 2021 Today’s Chart of the Day was shared by Elena Popina (@lena_popina). It’s a chart of the Small-Cap Russell 2000 Index over the past year. There’s an old adage […]
Chart of the Day – Wednesday, September 15th, 2021
#NQ_f, 15m Bulls are fighting back! Nasdaq formed yet another Bear Trap in the morning. pic.twitter.com/H0nwJFNkIC — Yuriy Matso (@yuriymatso) September 15, 2021 Today’s Chart of the Day was shared by Yuriy Matso (@yuriymatso). It’s a 15-minute candlestick chart of Nasdaq futures since Friday. The major indices closed at a precarious spot yesterday, but buyers showed […]
Chart of the Day – Thursday, July 15th, 2021
"From failed moves come fast moves in the opposite direction…" Stay flexible $FDN $IGV $SOX ? pic.twitter.com/1Iw4ZwlBje — Steven Strazza (@sstrazza) July 15, 2021 Today’s Chart of the Day was shared on Twitter by Steve Strazza (@sstrazza). It’s a daily candlestick chart of the Dow Jones Internet ETF, $FDN, over the past nine months. The top-weighted […]
Chart of the Day – Tuesday, April 20th, 2021
Is a failed breakout coming in the Nasdaq 100 $QQQ? The Feb highs ($336) are the level to watch? pic.twitter.com/77NmnDD3Ho — R. Alfonso Depablos (@AlfCharts) April 20, 2021 Today’s Chart of the Day was shared by Alfonso Depablos (@AlfCharts). It’s a daily candlestick chart of the Nasdaq 100 ETF, $QQQ, over the past five months. […]
Chart of the Day – Thursday, March 25th, 2021
$SPX, daily Three Bull Traps. Prior two led to substantial 'corrections'. Will the March'21 Bull Trap have the same consequences? 3700 is the key pivot. SPX is still above this level, however, if it drops below 3700 in the next several sessions, this will be a major red flag. pic.twitter.com/zp5WURNTFS — Yuriy Matso (@yuriymatso) March […]