by Chris Kimble | May 5, 2019 | Kimble Charting
After enduring a deep stock market correction in late 2018, investors quickly bought up stocks. And the bull market resumed. It’s been a decade since the financial crisis lows, and two decades since the 1999 stock market blow-off bubble top. In today’s chart, we put...
by Chris Kimble | Apr 2, 2019 | Kimble Charting
Is a very broad index and the Tech sector in the states testing important price points? We think so! These two charts reflect that these indices have created a series of lower highs and lower lows. The strong rally off the lows around Christmas have the New York Stock...
by Chris Kimble | Mar 8, 2019 | Kimble Charting
The NYSE Index is facing a very important price level as Momentum and the MACD are at the highest levels in a year! The 9-week rally from the late December lows has the NYSE index facing the October, November, December highs and its 78% retracement this past week. Joe...
by Chris Kimble | Nov 10, 2018 | Kimble Charting
The latest stock market correction and swing lower has seen momentum drop to extreme lows (on a intermediate-term basis). This poses a bit of a conundrum because stocks have been struggling since hitting historic longer-term momentum highs. So what do investors make...
by Chris Kimble | Oct 25, 2018 | Kimble Charting
Many savvy investors look at the NYSE Composite to gauge the health of the broader market. With the markets in correction mode, we will look at this broad-based stock index for clues about the stock market correction. In the chart below, you can see that the NYSE...
by Chris Kimble | Aug 22, 2018 | Kimble Charting
Will these chart patterns lead the bulls into a buying stampede or will Fibonacci extension levels become 800-pound resistance zones that will frustrate stock bulls? In my 38-years I haven’t seen so many stock market indices testing Fibonacci extension levels at the...
by Chris Kimble | Jun 26, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the New York Stock Exchange Index (NYSE) over the past couple of years. Since the election in the fall of 2016, the index has spent the majority of the past couple of years inside of rising channel (1) as the trend remains...
by Chris Kimble | May 8, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This 4-pack looks at a few popular stock indices since the first of this year on a daily basis. Each Index peaked in January, creating the top of the trading range and each bottomed in February, creating the bottom of the trading range. Over...
