by Chris Kimble | Feb 14, 2020 | Kimble Charting
German DAX Index “weekly” Chart The German DAX is one of the more important global stock market indices, as it represents the largest economy / market in the Euro Zone. So it would be a real treat for the bulls to see this stock market index breakout as we celebrate...
by Chris Kimble | Feb 13, 2020 | Kimble Charting
Currencies play an important role with precious metals. Gold and Silver either have the tailwind of a weak US Dollar or the headwind of a strong Dollar. Today’s chart looks at another key currency that often moves in different directions than the US Dollar, and thus...
by Chris Kimble | Feb 10, 2020 | Kimble Charting
Are commodities suggesting a lack of demand is in play on a global basis? Possible! Could this impact stocks? So far it has not! The chart looks at the Thompson/Reuters Commodities Index over the past 30-years. This index has created a series of lower highs since it...
by Chris Kimble | Feb 7, 2020 | Kimble Charting
Historically Stocks, Yields and Doc Copper often trend in the same direction. Unless its different this time, one asset(s) is way out of whack! This chart looks at the S&P 500, Doc Copper and the Yield on the 10-year note over the past 5-years. From late 2015...
by Chris Kimble | Feb 6, 2020 | Kimble Charting
If the saying “So Goes Doc Copper, So Goes The Global Economy” is true, what Ole Doc Copper does from current levels will send an important message to global markets! Doc Copper has spent the majority of the past two decades inside of bullish rising...
by Chris Kimble | Feb 5, 2020 | Kimble Charting
Tesla have been charging higher since the lows of last May, as it has rallied from $200 a share to nearly $800! Is it about to run out of juice? This chart looks at Tesla (TSLA) over the past 9-years. It has spent the majority of the past 7-years, inside of bullish...
by Chris Kimble | Feb 4, 2020 | Kimble Charting
Is Crude Oil bottoming for the 4th time the last 8-months? Is Crude Oil suggesting that stocks are at a low about to experience a strong rally? Crude Oil has rallied off support line (1), which is the $50 level, three different times since May of 2019. Each time Crude...
by Chris Kimble | Jan 31, 2020 | Kimble Charting
Crude Oil has seen some pretty wide price swings over the years. And, as we wrote about earlier this month, stock market bulls don’t like it when crude oil prices reverse lower. In today’s chart, we look at crude oil’s latest turn lower and why bulls need prices to...
