underside trendline tag is bearish imo $SPX $SPY pic.twitter.com/lnUI9MLNZg — Jamie Saettele, CMT (@JamieSaettele) July 25, 2024 🏆 Today’s Chart of the Day was shared by Jamie Saettele (@JamieSaettele). The S&P 500 ($SPX) closed lower for the third straight day after fumbling an attempted rebound. It was up nearly +1.2% this afternoon but went negative […]
Chart of the Day – Wednesday, July 24, 2024
Even though $SPX was down 2% today 165 stocks closed higher. This is by far the most number of advancing stocks on -2% days over the last 10 years (the next highest was 101 at the March 2020 Covid low): pic.twitter.com/4rMWgrbuE0 — Optuma (@Optuma) July 24, 2024 🏆 Today’s Chart of the Day was shared […]
Chart of the Day – Monday, July 22, 2024
$SPY – S&P 500 with a classic bearish setup.* A close back above 20 day sma and psychological $550 level. RSI finding support at 50 and 75% of stocks within above a 20 day sma. *Sike, it's bullish. pic.twitter.com/I3KxfgjoSU — Larry Thompson (@HostileCharts) July 22, 2024 🏆 Today’s Chart of the Day was shared by […]
Chart of the Day – Wednesday, July 17, 2024
1.618 Fib extension of the 2021-2022 bear market has been achieved…$SPX $SPY $ES_F pic.twitter.com/iAzO5fTDQ5 — Ian McMillan, CMT (@the_chart_life) July 17, 2024 🏆 Today’s Chart of the Day was shared by Ian McMillan (@the_chart_life). The S&P 500 dropped -1.39% from a record high today, marking its first -1% decline since April 30th. Ian points out […]
Chart of the Day – Friday, July 12, 2024
pic.twitter.com/nyQBCcGkok — Walter Deemer (@WalterDeemer) July 12, 2024 🏆 Today’s Chart of the Day was shared by Walter Deemer (@WalterDeemer). Despite yesterday’s stumble, the S&P 500 ($SPX) printed an all-time high for the second consecutive week, rising +0.86%. It’s closed higher in 10 of the past 12 weeks, rising +13%. Breadth dramatically improved on Thursday […]
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