by Chris Kimble | Aug 27, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE The Yen has a decent track record in helping investors construct their portfolios towards the Risk on or Risk off trade! The yen is on a 20-year support line right now (monthly basis) at (2) in the chart above. On a daily basis the Yen has...
by Chris Kimble | Aug 7, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE What currency has rallied and in turn the Nikkei and S&P 500 have fallen hard at the same time? When the Yen has hit the 20-year support line in the left chart the Nikkei and SPY fell hard (50%+ for both) back in 2007 at (1). Now...
by Chris Kimble | Jul 27, 2013 | Kimble Charting
Back in May the Power of the Pattern suggested to short Japan’s Nikkei index due to it hitting a 20-year falling resistance line. The Nikkei declined almost 20% in a couple of weeks, after it hit this line and then hit the 50% Fibonacci support line and...
by Chris Kimble | Jun 14, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE One of the charts above is Apple and the other is the Nikkei 225. Do you know which is which? When it comes to patterns, who makes them? People do! Regardless of a company or an index of a country, patterns often repeat, because...
by Chris Kimble | Jun 7, 2013 | Kimble Charting
Two weeks ago today the Power of the Pattern shared that the Nikkei had lost between 30% to 60% of its value, 100% of the time over the past 20 years, when up against a certain resistance line! (see post here) CLICK ON CHART TO ENLARGE The Nikkei has been the...
by Chris Kimble | Jun 1, 2013 | Kimble Charting
CLICK HERE TO WATCH INTERVIEW We discuss why we are shorting the Nikkei (EWV up 20% in 8 Days), what message Lumber and home builders is sending, Double top in the NYSE with margin debt in the danger zone, new Eiffel Tower patterns forming and break downs in Kimble...
by Chris Kimble | May 24, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE The hottest index on the planet, up over 50% more than the S&P500 over the past year is facing a resistance line that has saw it decline from 30% to 60% every time for the past 20 years. Many of these declines have ended up impacting the...
by Chris Kimble | May 23, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE 33 days ago I was honored to do an interview with Phil Pearlman, executive editor of Stocktwits (listen here). A couple of the key points in the interview were… (1) Follow the price action of the worlds hottest stock market…...