by Chris Kimble | Apr 13, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Above looks at the S&P 500 over the past 17-years on a weekly basis. In 2007 at the top of a rising channel, the S&P 500 appears to have created a “Descending Triangle” pattern before heading lower. Once it broke rising...
by Chris Kimble | Apr 11, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The Dow has spent the majority of the past 70-years inside of bullish rising channel (A). It hit the top of this channel in January at (1), as monthly momentum was hitting levels last seen in 2007, 2000, 1987, 1957 and 1929. The 4-pack...
by Chris Kimble | Jan 13, 2015 | Kimble Charting
CLICK ON CHART TO ENLARGE In the Copper market, billions of free thinking people/investors look to have formed a bearish descending triangle over the past few years at (1). A little over half the time this pattern results in lower prices. When the bearish slant...