$IWM rejected again? pic.twitter.com/e7VnzithQz — Mike Zaccardi, CFA, CMT (@MikeZaccardi) March 30, 2022 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). It’s a chart of the Russell 2000 ETF, $IWM, over the past two years. The Russell 2000 closed at a two-month high yesterday, but it was rejected at a familiar level around $211 […]
Chart of the Day – Monday, February 14th, 2022
Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). It’s a daily candlestick chart of the Metals & Mining ETF, $XME, over the past five years. Commodity-related stocks continue to be a bright spot in this dull tape. This ETF has exposure to Coal, Industrial Metals, and Precious Metals. The five-heaviest weighted stocks include $BTU, $AA, […]
Chart of the Day – Monday, December 20th, 2021
Post-election years really have to wait for the official Santa Claus Rally period for a bullish turn. $SPY via @EquityClock pic.twitter.com/QY655nCTos — Mike Zaccardi, CFA, CMT (@MikeZaccardi) December 20, 2021 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). December is widely known as one of the strongest months for stocks. However, we have […]
Chart of the Day – Wednesday, December 15th, 2021
Microcaps $IWC finished 4% off its low today. At LoD, was the lowest since January. Needs follow-through now. pic.twitter.com/EIyjQJdih5 — Mike Zaccardi, CFA, CMT (@MikeZaccardi) December 15, 2021 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). It’s a daily candlestick chart of the Micro-Cap ETF, $IWC, over the past year. Mike points […]
Chart of the Day – Monday, August 23rd, 2021
Did the $DXY just fake us out? $USD $UUP pic.twitter.com/dEltfXTwIC — Mike Zaccardi, CFA, CMT (@MikeZaccardi) August 23, 2021 Today’s Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). it’s a daily candlestick chart of the US Dollar index over the past year. The Dollar raised some eyebrows last week as it broke out to […]