by Chris Kimble | Oct 17, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE During countertrend rallies a “basic Instinct game plan” if aggressive is to look to score on defense when up against key falling resistance, with a stop above the resistance line. IYM looks to have hit key...
by Chris Kimble | Sep 23, 2011 | Kimble Charting
Blog traffic has increased over 100% of late and I wanted to take a moment and welcome all of the new viewers to the blog. I remain honored and humbled that you spend part of your busy life looking at my materials. Thanks to all of you for your viewership,...
by Chris Kimble | Sep 1, 2011 | Kimble Charting
Shared the chart below yesterday near the market highs, reflecting a bearish situation for IYM, as it was hitting a key resistance hurdle! (see hurdle post here) CLICK ON CHART TO ENLARGE Wanted to follow up today with a closer look at IYM and...
by Chris Kimble | Aug 31, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE Basic Materials ETF (IYM) has recouped 50% of its recent swift decline and is hitting a few resistance lines at (1), as well as creating a rather bearish upside wick pattern, so far today. When IYM broke key support back in 2008, that is...
by Chris Kimble | Jun 16, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE A breakdown in Basic materials often does not suggest economic strength is around the corner. Forgetting the macro picture for a minute, the breakdown in IYM increases the odds SMN might do rather well for those open to...
by Chris Kimble | May 5, 2011 | Kimble Charting
When I think back on 2008, Steve McQueen and the movie “Great Escape” comes to mind, per the vast majority of investors wanted to escape from the majority of their holdings. 2008 was a year that investors found very few places to hide! ...
by Chris Kimble | Mar 11, 2011 | Kimble Charting
On 2/24 I mentioned that rear view mirror investing was rather easy, seeing around the corner/what lies ahead, is a little tougher. Yet if we can find tools to help us with the direction of future price movements, it can be very beneficial to our portfolios. I...
by Chris Kimble | Mar 9, 2011 | Kimble Charting
On Monday I shared that it looked like “Doc Copper wasn’t feeling very well!” (see post here). Below is an update on JJC and Basic materials ETF (IYM). Support is still in place, yet both look vulnerable to a sizeable decline should support...
