by Chris Kimble | Feb 15, 2019 | Kimble Charting
Are we about to pay much higher prices at the gas pump? Possible! This chart looks at Gasoline futures over the past 4-years. Gasoline has become much cheaper at the pump, as it fell nearly 50% from the May 2018 highs. The decline took it down to test 2016 & 2017...
by Chris Kimble | Feb 1, 2019 | Kimble Charting
What a past 4-months its been for the S&P 500! It hits its 261% extension level of the 2007 highs and 2009 lows in late September and it then proceeds to fall nearly 18% in the last 3-months of the year. Following this large decline, the S&P closes the first...
by Chris Kimble | Jan 11, 2019 | Kimble Charting
Could Presidents Trump’s election rally be in trouble? We could find out very soon, says Joe Friday This chart looks at the S&P 500 and the VIX index over the past few years. We applied Fibonacci to the price when President Trump was elected and the 2018...
by Chris Kimble | Dec 28, 2018 | Kimble Charting
Any large decline in stocks often brings up the question, should one start buying the dips or selling rallies. The decline of late and the bounce higher the past few days most likely have millions of investors around the world pondering this very question. This chart...
by Chris Kimble | Dec 14, 2018 | Kimble Charting
This chart looks at the Bank Index (BKX) over the past 25-years on a monthly basis, reflecting that currently, the 9-year trend in the index remains up. The index may have created a double top this year, at the same level the financial crisis started unfolding back in...
by Chris Kimble | Nov 30, 2018 | Kimble Charting
Could interest rates be peaking after moving much higher over the past 5-years? Yes! Joe Friday shares that the yield on the 5-year note, looks like it created an important topping pattern last month. This chart looks at the yield on the 5-year note over the past...
by Chris Kimble | Nov 16, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Trouble started for the S&P 500 in 2000 when momentum diverged for months, it broke below multi-month trading range support, 200-day moving average, and multi-year rising support at (1). Trouble started for the S&P 500 in 2007 when...
by Chris Kimble | Nov 9, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Joe Friday suggested that Crude Oil could be peaking in the chart above first shared on 5/25/18, as Crude was testing its 50% retracement level at (2). Weakness in Crude of late has it down near 20% from recent highs. Crude is one of the...
