by Chris Kimble | Feb 4, 2016 | Kimble Charting
CLICK ON CHART TO ENLARGE Tesla has had a great run higher over the past 5-years, as it has stayed within the rising channel above. Once it broke out of its sideways channel in 2013 near the $30 level, it blasted off, moving almost 10x higher! Over the past 2-years,...
by Chris Kimble | Feb 3, 2016 | Kimble Charting, Metals
It’s been a rough 3-years for the metals space. “THE” worst 3-years in history for Gold and the 3rd worst 3-year performance in history, for Silver (see table below). The Power of the Pattern shared in 2011, that metals should be down for years to...
by Chris Kimble | Feb 1, 2016 | Kimble Charting
CLICK ON CHART TO ENLARGE We all know by now the year got off to a rough start in stock markets around the world. Transports and Russell 2000 are the leaders to the downside over the past 90-days. The declines of late took both of them down to 5-year rising channels,...
by Chris Kimble | Jan 29, 2016 | Kimble Charting
CLICK ON CHART TO ENLARGE Today is the last day of the first month of the year. I favor monthly charts over weekly and weekly charts over daily. Wanted to take a long-term view of the Nasdaq 100 on a monthly basis on this last Friday of the month. As you can see, the...
by Chris Kimble | Jan 28, 2016 | Kimble Charting
CLICK ON CHART TO ENLARGE Gasoline futures have correlated with Crude Oil over the past 18-months, both have tanked. Is the decline over with? Way too soon to tell. The above chart looks at Gasoline Futures on a monthly basis. The decline of late took gasoline futures...
by Chris Kimble | Jan 27, 2016 | Kimble Charting
While many today are discussing the possibility that Donald Trump will not be present at the debate in Iowa, I humbly feel a bigger debate is at hand with the S&P 500. See below why I feel this way. CLICK ON CHART TO ENLARGE For the past 2,005 days, the S&P...
by Chris Kimble | Jan 26, 2016 | Kimble Charting
One of the more popular indicators for the “Risk On & Off” trade is the Discretionary/Staples Ratio (XLY/XLP). When the ratio is moving higher, Discretionary stocks are acting stronger and the message would be; investors should be leaning towards the...
by Chris Kimble | Jan 25, 2016 | Kimble Charting, Metals
In the summer of the 2011, a rare set up was in place in the Gold and Swiss Franc markets. At the time the Power of the Pattern shared that Gold should be “Down for years to come.” See why we shared this near all-time highs in gold (HERE) Since that post,...
