by Chris Kimble | Jun 22, 2021 | Kimble Charting
Could Bitcoin fall 50% and remain inside of a long-term bull channel/trend? Yes Bitcoin has created higher lows and higher highs over the past 8-years inside of the rising channel (1). Despite Bitcoin declining nearly 50% of late, it remains inside of this rising...
by Chris Kimble | Jun 18, 2021 | Kimble Charting
Rising commodities prices have been all over the news for several months. The rally has been broad-based and persistent. So what could possibly derail the commodities rally? U.S. Dollar strength. King Dollar has not been so king-like over the past several months… but...
by Chris Kimble | Jun 16, 2021 | Kimble Charting
The Federal Reserve is meeting this week and the talk of the town is inflation. Will they raise interest rates to combat rising prices? One of the focuses of rising prices is commodities? Soft commodities, hard commodities, energy, food, you name it has been up over...
by Chris Kimble | Jun 10, 2021 | Kimble Charting
Last November, we highlighted a cup and handle bullish pattern on Bitcoin that served as a base for a big rally. All together, Bitcoin rallied from roughly $4,000 last March to $64,000 this April! Wowsers! BUT… since peaking in April, Bitcoin has fallen over 50% to...
by Chris Kimble | Jun 10, 2021 | Kimble Charting
Last November, we highlighted a cup and handle bullish pattern on Bitcoin that served as a base for a big rally. All together, Bitcoin rallied from roughly $4,000 last March to $64,000 this April! Wowsers! BUT… since peaking in April, Bitcoin has fallen over 50% to...
by Chris Kimble | Jun 9, 2021 | Kimble Charting
The past year has seen a strong, persistent rally in the Dow Jones Industrial Average. Could there be further upside in store… perhaps another monster rally? Time to look at the chart! Today’s chart takes a very long-term view of the Dow Industrials. This “quarterly”...
by Chris Kimble | Jun 8, 2021 | Kimble Charting
US government bonds have come under pressure over the past year. And that decline has come to an important inflection point. Time to bounce higher? Or will government bonds continue to sink lower? That is the theme of today’s “weekly” chart from Marketsmith.com, of...
by Chris Kimble | Jun 3, 2021 | Kimble Charting
Rising lumber prices have been a major source of inflation concerns. It’s one thing when the price of lumber doubles… and a whole other thing when it goes up 5-fold! Yep, that’s right. Lumber prices have rocketed higher over the past 18 months, surging 5 times the...
