by Chris Kimble | Sep 23, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The above 6-pack update the patterns on some of the larger stock markets around the world. As you can see Germany and the S&P 500 are these strongest of this set, as both are well above their highs reached in 2000 & 2007. As...
by Chris Kimble | Aug 12, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Over the past few years, Europe has had strong rallies, which have formed rising wedges. Two thirds of the time this pattern leads to lower prices. Of late support lines could be breaking in France, London & Germany. On the...
by Chris Kimble | Jul 31, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Three popular stock index’s in Europe are giving multi-year rising support a heck of a test of late! Each index may have created a rising wedge, which two-thirds of the time suggest lower prices are ahead. Argentina and its...
by Chris Kimble | Jul 17, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The strong rallies in London, Germany & France over the past few years has created steep bearish rising wedges, which two-thirds of the time result in lower prices. No doubt the trend is up on all three of these key markets! Are...
by Chris Kimble | Jul 11, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE London (FTSE 100) and France (CAC 40) broke steep support lines back in 2000-2001 and 2007 and proceeded to fall hard. The FTSE is back at the 2000 & 2007 levels at this time and the CAC 40 is weaker, creating so far, lower highs...
by Chris Kimble | May 20, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE When was the last time the S&P 500 fell 15%? It’s been three years! Speaking of three years, three years ago this past week the Power of the Pattern shared that the world was creating look alike bearish patterns at...
by Chris Kimble | Apr 11, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Three years ago I did a post titled “Look Alikes, Dominoes and Slipper Slides” which highlighted that the key stock markets around the world were all creating bearish rising wedge patterns. (see post here) Check out...
by Chris Kimble | Jan 15, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The above 6-pack reflects some of the key global markets and where they stand from a pattern perspective. Strength is taking place in the S&P 500 & Dax as breakouts above 2000 & 2007 highs continue. Key resistance is...