Strength out of the Nasdaq has been impressive this year. From a relative standpoint, it's at an important spot. Does it blast right through or take a breather? pic.twitter.com/enybj2ow2D — David Rath (@DJwrath) March 17, 2023 Today’s Chart of the Day was shared by David Rath (@DJwrath). The Nasdaq led by a wide margin this […]
Chart of the Day – Friday, March 10th, 2023
$SPY below its October uptrend and $IEI: $HYG spread above its June downtrend pic.twitter.com/Lorp3pxIhS — Stacey.A.Lee (@BBaxter2020) March 10, 2023 Today’s Chart of the Day was shared on Twitter by Stacey Lee (@BBaxter2020). It’s a chart of the S&P 500 over the past two years (top) and a ratio chart of Treasury Bonds vs. High Yield […]
Chart of the Day – Tuesday, March 7th, 2023
Thus far, S&P 500's bounce at 200-day not too impressive. 200-day still a relevant guidepost; it sits at 3940. pic.twitter.com/xGX01XFyFB — Chris Ciovacco (@CiovaccoCapital) March 7, 2023 Today’s Chart of the Day was shared by Chris Ciovacco (@CiovaccoCapital). The battle between the S&P 500 and its 200-day moving average rages on…We bounced off the 200-day on […]
Chart of the Day – Thursday, March 2nd, 2023
This comment may sound ridiculous as early as tomorrow’s open BUT, FWIW, today price answered the bell exactly at the price and at the moment it needed to. Might as well enjoy the moment. pic.twitter.com/n2Ti556Awi — Jay Kaeppel (@jaykaeppel) March 2, 2023 Today’s Chart of the Day was shared on Twitter by Jay Kaeppel (@jaykaeppel). […]
Chart of the Day – Friday, February 24th, 2023
The consensus bearish narrative toward equities seems overly confident. The S&P 500 may be retesting its breakout point rather than starting a new down leg. RSI and MACD lows from December are worth keeping an eye on. pic.twitter.com/mTywCPnyJG — Gina Martin Adams (@GinaMartinAdams) February 24, 2023 Today’s Chart of the Day was shared by Gina […]
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