$SPX: 4 traits that have defined 2023 (especially Q2) and were missing in 2022: 1-Bullish patterns have worked. 2-Bearish patterns have failed. 3-The number of +/-1% moves have dramatically decreased. 4-The number of +1% gains have outnumbered 1% losses. pic.twitter.com/Ag8es3E8M5 — Frank Cappelleri (@FrankCappelleri) June 30, 2023 Today’s Chart of the Day was shared by […]
Chart of the Day – Wednesday, May 17, 2023
What's more important for $KRE? The 1st higher low since the crash… … or the two converging resistance lines? pic.twitter.com/9p0xJWJeZn — Frank Cappelleri (@FrankCappelleri) May 17, 2023 Today’s Chart of the Day was shared by Frank Cappelleri (@FrankCappelleri). The Regional Banking ETF ($KRE) rose +7.36% today, marking its best day in over two years. Frank […]
Chart of the Day – Monday, April 3rd, 2023
$OEF S&P 100 Mega Caps: Short-term overbought for the 1st time since early Feb. Last few o/b readings here: pic.twitter.com/A9YiYy984h — Frank Cappelleri (@FrankCappelleri) April 3, 2023 Today’s Chart of the Day was shared by Frank Cappelleri (@FrankCappelleri). It’s a two-hour bar chart of the S&P 100 Mega Cap ETF ($OEF) over the past six […]
Chart of the Day – Monday, December 19th, 2022
A common theme in '22: Failed breakouts. Especially the biggest and best-looking ones.$DJIA $INDU pic.twitter.com/dzdcBoK6N0 — Frank Cappelleri (@FrankCappelleri) December 19, 2022 Today’s Chart of the Day was shared by Frank Cappelleri (@FrankCappelleri). It’s a weekly chart of the Dow Jones Industrial Average over the past three years. Frank points out that the Dow recently […]
Chart of the Day – Friday, October 7th, 2022
$SPX's first wk of October. pic.twitter.com/VyRjfqCSv5 — Frank Cappelleri (@FrankCappelleri) October 7, 2022 Today’s Chart of the Day was shared by Frank Cappelleri (@FrankCappelleri). It’s a 15-minute bar chart of the S&P 500 this week. Frank points out that October has been a wild ride so far. Between Monday and Tuesday, the S&P 500 jumped […]
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