by Chris Kimble | Nov 18, 2019 | Kimble Charting
I’ve heard many times over the past 39-years I’ve been in the financial services business that charts have memories? Is it true they do? Is it possible that they have very long-term memories? This theory looks to be put to a big test by the chart above,...
by Chris Kimble | Jun 7, 2016 | Uncategorized
CLICK ON CHART TO ENLARGE The above chart of the Dow Jones Industrial Average, goes back to the last 1950’s, based upon monthly closing prices. The Dow remains above Megaphone support at (1), which remains a positive for the “Risk On Trade” at this...
by Chris Kimble | Nov 21, 2014 | Kimble Charting
Click Here For Video John Melloy, CNBC’s investing editor, discusses the Mega Phone pattern in this Video and goes into more detail in an article he wrote (see here). The one things that continues to get my attention is this….The Dow created the...
by Chris Kimble | Nov 13, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE John Melloy of CNBC writes an article in regards to the Dow pushing above the top of this mega-phone pattern and how it created the largest monthly bullish wick, since the bottom of financial crisis in 2009. See full article HERE ...