History was made this week. For only the 5th time ever, the S&P 500 gained at least 1% for 4 consecutive days. This rare occurrence is also quite bullish, as a year later it has been up more than 20% every single time with an average gain of 28.0%. pic.twitter.com/i1NUq3GXjA — Ryan Detrick, CMT (@RyanDetrick) […]
Chart of the Day – Wednesday, March 16th, 2022
When there's noise, try to simplify.$SPX $SPY $NQ #markets #KISS pic.twitter.com/oETLWip7EJ — Jim Denholm, CMT (@denholm_jim) March 16, 2022 Today’s Chart of the Day was shared by Jim Denholm (@denholm_jim). It’s a daily candlestick chart of the S&P 500 over the past six months. There’s a ton of noise out there today about what the […]
Chart of the Day – Friday, March 11th, 2022
From today’s client video … no reprieve for $QQQ vs. $SPX pair – continue to position as if this relationship has put in a big top. @StrategasRP @strategasasset pic.twitter.com/qR5hbJsg7d — Chris Verrone (@verrone_chris) March 11, 2022 Today’s Chart of the Day was shared by Chris Verrone of Strategas Research (@verrone_chris). It’s a ratio chart […]
Chart of the Day – Friday, February 25th, 2022
#ES_F, 1d Traps… If ES holds above 4260 during the next several sessions and continues moving higher, this would be a massive Bear Trap. pic.twitter.com/z4sle7EY3Z — Yuriy Matso (@yuriymatso) February 25, 2022 Today’s Chart of the Day was shared by Yuriy Matso (@yuriymatso). it’s a daily candlestick chart of S&P 500 futures over the past […]
Chart of the Day – Tuesday, February 22nd, 2022
Yes, pundit, we all see it. #SPX #headandshoulders pic.twitter.com/Z7RW7HJzmC — Michael Kahn, CMT (@mnkahn) February 22, 2022 Today’s Chart of the Day was shared by Michael Kahn (@mnkahn). The S&P 500 has formed a textbook head & shoulders top over the past six months. According to the textbook, this bearish pattern would signal ~10% further downside […]
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