by Chris Kimble | Nov 21, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE 34 days ago the S&P 500 was up 2% on the year and the German Index (DAX) was down almost 6%. At that time Joe Friday shared that the DAX appeared to be sending a bullish message to global stock markets, as it looked to be creating...
by Chris Kimble | Oct 31, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Bullish wicks/reversal patterns are usually good for any asset. When a wick takes place at a key support line, it is often even a better sign. The above monthly chart of the NYSE highlights that a large bullish wick at key support...
by Chris Kimble | Oct 23, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The past 90 days have not been kind to Crude Oil or Energy Stocks. Energy ETF XLE is down 15% in the past 90 days, talking about a big punch in the face! This decline took XLE back to rising support off the 2010 lows and created a...
by Chris Kimble | Oct 16, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Check out the size of that bullish wick at (1)! Holy Cow!!! The yield on the 2-year note hit support yesterday and created a huge bullish wick!
by Chris Kimble | May 19, 2011 | Kimble Charting
Phil’s Stock world, dshort.com and this blog (see post here) all highlighted the fact that the broad market (NYSE) and numerous other markets were on SUPPORT, prior to yesterdays rally. Over the past year, the NYSE has created some key Bullish...
