by Chris Kimble | Oct 18, 2021 | Kimble Charting
Can anything stop Bitcoin’s rising tide? We may know soon. Bitcoin’s recent run-up to over 60,000 is testing its 2020 highs and a key Fibonacci price resistance level. This area looks to be an important time/price juncture. Let’s dig in. Today’s chart is a “weekly”...
by Chris Kimble | Oct 15, 2021 | Kimble Charting
When crude oil prices rise, investors typically think of an improving global economy. But when crude oil price rise sharply (by a large amount over a short duration), investors worry about supply issues and/or inflation. Today, both concerns are becoming more and more...
by Chris Kimble | Oct 13, 2021 | Kimble Charting
As you might imagine, US Treasury Bond Yields (and interest rates) crashed following the news of the coronavirus in 2020. But it didn’t take long for them to make a sharp U-turn and head higher. This seems to fit with the major concern of the day: inflation. Which...
by Chris Kimble | Oct 12, 2021 | Kimble Charting
Silver futures recorded a major bullish price reversal in early 2020, leading to a multi-month rally that pushed prices as high as $30. Since peaking out earlier this year, silver futures have toiled in an $8 trading range and are facing a BIG test right now! As you...
by Chris Kimble | Oct 11, 2021 | Kimble Charting
The French stock market has been very strong this year, with the CAC 40 Index streaking higher into late summer. But the rally fizzled out at a key spot, leaving the index vulnerable to a correction. Today’s “monthly” chart of the CAC 40 Index highlights this. As you...
by Chris Kimble | Oct 7, 2021 | Kimble Charting
Tech stocks have played a major leadership role in the 12 year advance off the 2008-2009 stock market low. But within that leadership silo, it has been large-cap tech stocks that have been the real leaders. Today’s chart highlights this by showing the ratio of the...
by Chris Kimble | Oct 6, 2021 | Kimble Charting
The coronavirus crash in the spring of 2020 left crude oil and natural gas prices decimated. An energy crisis was but a remote thought as oil and gas traded at multi-year lows. Fast forward to today and what a difference 18 months makes! Prices have surged. Late last...
by Chris Kimble | Oct 4, 2021 | Kimble Charting
The month of September ushered in some volatility to the stock market… volatility we had not seen in quite a while. Perhaps it will continue into October. And perhaps there is a reason. Today we take a look at a long-term “monthly” view of the S&P 500 Index. As...
by Chris Kimble | Oct 1, 2021 | Kimble Charting
The precious metals arena has reached important junctures for both Silver and gold. Yesterday, we highlighted an important test of support for Silver. Today, we look at a “monthly” chart of the Gold / US Dollar Ratio and highlight a similar test of support. As you can...
by Chris Kimble | Sep 30, 2021 | Kimble Charting
The past four months have been rough for Silver futures. And it may get worse before it gets better if the price of silver doesn’t reverse higher soon! Today we look at a long-term “monthly” chart of Silver futures and point out an important line in the sand for...
