Same song… pic.twitter.com/zpjXDr0TKJ — da Chart Life (@daChartLife) October 26, 2022 Today’s Chart of the Day was shared by John Roque (@daChartLife). It’s a ratio chart of the Nasdaq vs. the S&P 500 over the past four decades. We highlighted this chart at the beginning of the year, pointing out that the Nasdaq was forming […]
Chart of the Day – Tuesday, August 9th, 2022
Today’s Chart of the Day was shared in a note by John Roque of 22V Research. The Semiconductor Index ($SOX) bounced roughly 30% off its July lows, however, John points out that it’s beginning to roll over again. On an absolute basis (top), it just made its third consecutive lower high and it remains below a downward […]
Chart of the Day – Monday, June 27th, 2022
Today’s Chart of the Day was shared in a note by John Roque of 22V Research (@daChartLife). The S&P 500 has rebounded about 6% over the past six trading days, however, John points out that this should be treated as a bear market rally until proven otherwise. The index is still in a confirmed downtrend, and overhead resistance […]
Chart of the Day – Friday, May 27th, 2022
Yo, Charts: Gold relative to Bitcoin. BIG BASE & B/out pic.twitter.com/CHy6rSCARX — da Chart Life (@daChartLife) May 27, 2022 Today’s Chart of the Day was shared by John Roque (@daChartLife). It’s a ratio chart of Gold vs. Bitcoin over the past year and a half. Bitcoin is on track for its ninth consecutive down week […]
Chart of the Day – Monday, May 16th, 2022
Yo, Charts – ‘Nuff said pic.twitter.com/SXUP9JDCeb — da Chart Life (@daChartLife) May 16, 2022 Today’s Chart of the Day was shared by John Roque (@daChartLife). It’s a ratio chart of the Energy sector vs. the Tech sector. The Energy sector continues to be the only place to hide, closing at multi-year highs on both an […]