by Chris Kimble | Sep 2, 2015 | Kimble Charting
The S&P 500 is now down around 7% on the year. Is the very long-term bull market still in play? Yes it is!!! The chart below looks at the NYSE Composite on a monthly basis, dating back to 1965. CLICK ON CHART TO ENLARGE As you can see, since the mid 60’s,...
by Chris Kimble | Feb 18, 2015 | Global Dashboard, Kimble Charting
CLICK ON CHART TO ENLARGE The above charts are two different ways to look at the Advance/Decline line on the NYSE. The chart on the left is the typical version, which is “all issues” on the NYSE. This has been the most common way to look at the A/D line...
by Chris Kimble | Jan 27, 2015 | Global Dashboard, Kimble Charting
CLICK ON CHART TO ENLARGE Is the NYSE creating a “Giant Topping” pattern? Rising wedge patterns lead to lower prices around two-thirds of the time. At this moment, a top is not proven! For sure I do respect the potential that a rising wedge pattern...
by Chris Kimble | Oct 31, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Bullish wicks/reversal patterns are usually good for any asset. When a wick takes place at a key support line, it is often even a better sign. The above monthly chart of the NYSE highlights that a large bullish wick at key support...
by Chris Kimble | Oct 14, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The Power of the Pattern suggested to pull some “Slow Money Long Exposure” off the table at the blue arrows above. One of our goals is to help financial professionals and investors who don’t care to trade very...
by Chris Kimble | Aug 19, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The NYSE weekly advance/decline line declined a little last month, yet it did not break short-term rising support (right chart). The small push higher of late has it back near all-time high levels. The NYSE index (left chart) finds...
by Chris Kimble | Aug 7, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Market Cap to GDP is a long-term valuation indicator that has become popular in recent years, thanks to Warren Buffett. The above chart was created by Doug Short, highlighting the current level of the Buffett indicator. As you can see its now...
by Chris Kimble | Jul 2, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE This ratio compares the NYSE Composite Index to the Junior miners ETF (GDXJ). When the ratio is moving higher the NYSE is reflecting relative strength to the small mining stocks. Over the last year the ratio has stayed with a uniform...
