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...
by Chris Kimble | Apr 11, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The Dow has spent the majority of the past 70-years inside of bullish rising channel (A). It hit the top of this channel in January at (1), as monthly momentum was hitting levels last seen in 2007, 2000, 1987, 1957 and 1929. The 4-pack...
by Chris Kimble | Apr 10, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The chart above looks at performance numbers of several key indices on a Year-To-Date basis and from the highs in January. Both highlight that these indices are soft and mostly choppy so far this year. The 8-pack below looks numerous stock...
by Chris Kimble | Apr 2, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The first part of the year got off to a great start, not so much as the first quarter of 2018 came to an end. The above 8-pack looks at numerous indices in the states and highlights the patterns created in the first quarter. First off, from a...
