by Chris Kimble | Sep 3, 2020 | Kimble Charting
Is the Dow facing an important long-term price test? This chart would suggest yes! This chart looks at the Dow Jones Industrials Index on a monthly basis over the past 100-years. The Dow has spent a good deal of the past 90-years inside of bullish rising channel (1)....
by Chris Kimble | Jun 17, 2020 | Kimble Charting
Is the Dow having a “Stare Down” with a key Fibonacci resistance level that was created by the 2007 highs and 2009 lows? Sure looks to be! This chart looks at the Dow Jones Index on a monthly basis over the past 20-years, where Fibonacci was applied to the...
by Chris Kimble | May 4, 2020 | Kimble Charting
Is it Ruh-Roh Time for stock market bulls? Possible!!! Stock market bulls might have received a very concerning message last week from numerous indices! This 4-pack reflects that each popular index created a sizeable bearish reversal pattern at respective Fibonacci...
by Chris Kimble | Apr 16, 2020 | Kimble Charting
The Dow Jones Industrial Average fell nearly 40 percent during the March market crash. But it seemed to recover from a familiar technical price level. In today’s chart, we highlight a key confluence of support where the Dow Industrials reversed higher off of… and why...
by Chris Kimble | Mar 23, 2020 | Kimble Charting
When two support lines break at the same time, the environment can get rather slippery! This chart looks at the Dow Jones Industrials on a monthly basis since the late 1920s. The Dow has spent the majority of the time since 1950 inside of rising channel (1). It hit...
by Chris Kimble | Mar 12, 2020 | Kimble Charting
The Dow Jones Industrial Index has remained inside of this rising channel for the majority of the time since the late 1940s. It kissed the underside of the top of this channel in January at (1), where it created a large bearish reversal pattern. The weakness of late...
by Chris Kimble | Feb 25, 2020 | Kimble Charting
Dow Jones Industrial Average “monthly” Chart The Dow Industrials have spent the past 70 years in a wide rising price channel marked by each (1). And the past 25 years have seen prices test and pull back from the upper end of that channel. The current bull market cycle...
by Chris Kimble | Dec 3, 2019 | Kimble Charting
Is there an ideal price point that stock market bears would like to see the Dow peak? Yes and it could be at current levels! This chart looks at the Dow Jones Industrial Average over the past 100-years on a monthly basis. Since the late 1940s, the Dow has spent the...