by Chris Kimble | Dec 19, 2017 | Kimble Charting
As the Dow is quickly approaching the 25,000 level, some might find it hard to remember that in the very near past, the Dow traded sideways for 21 months! Any reason the Dow didn’t make any progress for over a year and half? Could part of the reason be a key...
by Chris Kimble | Apr 23, 2015 | Kimble Charting
When it comes to the Dow and S&P 500 this year, have you found yourself yawning of late? I have, as its been a pretty boring year for both of these indices. The chart below reflects that over 100 days have passed and the S&P is up just over 2% and the...
by Chris Kimble | Sep 16, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE 13-years after the Dot.com bubble highs and 11 years off the lows, the NDX 100 index has now retraced 61% of the dot.com crash. This could be a key level for the very strong tech stocks. Recently Apple hit its 38% retracement level and ran...
by Chris Kimble | Jun 10, 2011 | Kimble Charting
Have shared twice this week that the “Power of the Pattern” was suggesting a U.S. Dollar rally was close at hand…. “Dollar Support” (see post here) and “Dollar breakout” (see post here) Below is an...
by Chris Kimble | Mar 14, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE 500 index hit a strong Fibonacci expansion level and reversed course very quickly. Kissing the underside of old support, which becomes new resistance can be a great entry point as the potential for a ”kiss good-bye”...
by Chris Kimble | Jan 18, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE Often times a technical formation takes shape, suggesting that a trend reversal could be close at hand and all that is needed to make the TA forecast come true is a news event. Is the news about Steve Jobs...
by Chris Kimble | Dec 22, 2010 | Kimble Charting
CLICK ON CHART TO ENLARGE Harvesting at Fibonacci worked in 2007 at the 38% level. Now this same level is being tested again! Results going to be different this time? As usual, I would want to be an owner of this index on an upside breakout!...
by Chris Kimble | Nov 23, 2010 | Kimble Charting
Are the markets soft his morning due to the news from Korea or does it have more to do with the “key fibonacci 61.8% retracement” levels that have taken 6 months to form? CLICK ON CHART TO ENLARGE Do we really know why the markets are soft or does it...
