by Chris Kimble | Sep 17, 2010 | Kimble Charting
Went long the first of this month (see post) due to the pattern in the Euro/Yen, which often takes an early leadership role for equities. Shared on 8/29, a good short-term rally should take place. So far up 7% in 17 days. Now what? Keep stops tight…Not...
by Chris Kimble | Sep 15, 2010 | Kimble Charting
In the chart below, which was posted on 8/29 (see post), I suggested a “game changer” was about to take place, with a rally in stocks, due to the pattern in the Euro/Yen. Since that post the 500 index is up almost 7%! Now what? First off… I started...
by Chris Kimble | Sep 6, 2010 | Kimble Charting
Patterns treated us to another good week… Last Sunday evening the patterns suggested to Long Stocks (see this post) and to Harvest/Short Bonds (see this post). The herd was extremely bearish equities, reflected in the AAII (American Association of...
by Chris Kimble | Sep 1, 2010 | Kimble Charting
I believe Currencies are the heavyweights that push around other assets…. Get the Currencies correct and many things fall in place! Sunday night I ran a post entitled “Euro/Yen signaling higher equity prices.” The chart below is a update to the...
by Chris Kimble | Aug 29, 2010 | Kimble Charting
The Euro/Yen of late has held at falling channel support and looks to be breaking higher from a bullish falling wedge pattern. This leading equity indicator is suggesting, that in the short-term, stock prices should move higher. Speaking of game changers…Mr....
by Chris Kimble | Aug 24, 2010 | Kimble Charting
On 8/20 I posted this update ….The Euro/Yen has been a quality indicator for the 500 index. The main emphasis to the chart below…. The Euro/Yen was testing a prior low at (2) and if it should break, stocks prices should fall further! This chart is an...
by Chris Kimble | Aug 20, 2010 | Kimble Charting
Last week investors seemed to be caught up on what the Fed would announce about the economy. My ears were listening to what the Euro/Yen was suggesting…which was lower stock prices. The next day the 500 index fell almost 3%, Small caps 4%! See this...