by Chris Kimble | Dec 5, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE The Shanghai index has been fairly weak of late and broke several support lines recently. Today the Shanghai index was up almost 3% today bringing it near a crossroads of resistance at (1) in the chart above….these resistance lines...
by Chris Kimble | Nov 9, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE The Power of the Pattern reflected Tuesday morning that the China ETF (FXI) has hitting the top of its multi-year flag pattern. (see Giant Flag post) The U.S. markets were soft post election results. Could this giant flag pattern...
by Chris Kimble | Nov 6, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Power of the Pattern suggested the Shanghai index was due a bounce weeks ago and that has taken place, over the past few weeks! (see “Bounce due” here) Of late the China ETF (FXI) has outperformed the S&P 500 by 14% in...
by Chris Kimble | Oct 22, 2012 | Kimble Charting
J C Parets of All Star Charts put together a great piece today discussing Greece’s performance and compared it with news headlines over the past few months. He highlighted the beautiful upward sloping chart of the Athens stock exchange below. Check out his post...
by Chris Kimble | Oct 22, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Since late 2010, Freeport McMoran (FCX) has continued to get “hit on the head” each time it has come up to falling resistance line (1). Will FCX continue to be subjected to the “Whack a mole” game or will it be...
by Chris Kimble | Oct 22, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Shanghai Index (SSE) and China ETF (FXI) continue to push above their two year falling resistance lines in the above chart at (1). Both reflected relative strength “last week” and over the past month compared to the S&P...
by Chris Kimble | Oct 17, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE China ETF (FXI) continues to be a ton stronger than the 500 index of late, as it has gained over 12% more than the S&P 500 has in the past 6 weeks, (see inset above). FXI has nearly gained as much in 6 weeks as the 500 index has...
by Chris Kimble | Oct 12, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE Shanghai index recently hit a 6-year support line and two other support lines at (1) in the chart above. This index has now bounced off of support and has broken out of its falling channel resistance line at (2). CLICK ON CHART TO...
