by Chris Kimble | Aug 25, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Some times diverging momentum can be a sign of a short-term high in the markets. The Industrials ETF XLI experienced falling momentum while prices were moving higher back in 2007 & 2011 at (1), which resulted in lower prices in...
by Chris Kimble | Aug 5, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Industrials ETF (XLI) recently hit a Fibonacci extension level based upon the 2009 lows and the 2011 highs. At the same time this key Fib level was being hit, momentum is reaching levels last seen in 2007. In June the ETF created...
