$SPX Finding support around 2,960 at the convergence of 50, 100, 200-day EMAs without material weakness in momentum $SPY pic.twitter.com/GHkbHxymYV — Drew Wells, CMT, CIMA® (@DrewTheCharts) June 15, 2020 Today’s Chart of the Day was shared on Twitter by Drew Wells (@DrewTheCharts). It’s a daily candlestick chart of the S&P 500 over the past year. […]
Chart of the Day – Tuesday, June 9th, 2020
The bottom-up analysts always get left in the dust coming off a low. >60% of stocks now trading ABOVE their average analyst price target… check the 2003 and 2009 lows for comps. $SPX, @StrategasRP, #stocks pic.twitter.com/BbaUaKYsfS — Chris Verrone (@verrone_chris) June 9, 2020 Today’s Chart of the Day was shared on Twitter by Chris Verrone […]
Chart of the Day – Tuesday, June 2nd, 2020
If you think civil and political unrest should be slamming equities, I submit to you the year 1968https://t.co/RXQq2hF84Q — ukarlewitz (@ukarlewitz) June 2, 2020 Today’s Chart of the Day was shared on Twitter by Urban Carmel (@Ukarlewitz). The S&P 500 has drifted higher over the past few sessions, in the face of some of the […]
Chart of the Day – Tuesday, May 26th, 2020
Here are the two other times the S&P 500 had been below its 200-day MA for at least 50 days, broke above but then closed under the moving average. Interestingly, both were also in May. pic.twitter.com/WdFhdLB86r — Andrew Thrasher, CMT (@AndrewThrasher) May 26, 2020 Today’s Chart of the Day was shared on Twitter by Andrew […]
Chart of the Day – Wednesday, May 6th, 2020
The mkt's been at current levels for 3 wks now, neither pushing higher nor rolling over. A pretty good standoff btw those who think the ricochet from 3/23 has more room to run, & those who think the rebound is overdone/basically out of gas. Our thinking: we roll over here. $SPX pic.twitter.com/eVu1ACOvQ8 — Carter […]
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