by Chris Kimble | Dec 11, 2012 | Kimble Charting
On 11/20 the Power of the Pattern reflected that the DJ Railroad index was creating a bullish pattern, which could be sending a positive message for this index, the broad market and maybe the economy as a whole. (see bullish railroad post) CLICK ON CHART TO ENLARGE...
by Chris Kimble | Dec 3, 2012 | Kimble Charting
The Power of the Pattern reflected that a bullish pattern in the rails was taking place in the chart below that was published on 11/20, which was sending a bullish for the broad market. (see bullish rail post here) CLICK ON CHART TO ENLARGE The chart below reflects...
by Chris Kimble | Feb 16, 2012 | Kimble Charting
On 1/23, the S&P Railroad index below, was at resistance- creating a bearish rising wedge. A breakdown of a similar pattern last summer led to a sharp broad market decline of 20% in a matter of weeks. The question 3 weeks ago was…Could the...
by Chris Kimble | Jan 23, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE S&P 500 Railroad index is within a couple of percent of “All-Time” highs, attempting to break above its 2011 highs along line (1) above. Keep a close eye on this leading index to see if it can breakout to new highs or if...
by Chris Kimble | Sep 14, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE Copper ETF (JJC) signaled softness was ahead back in 2008, as it broke down from a series of highs along line (1). Railroads lagged, yet confirmed broad market weakness was going to take place. Turning the page forward 3 years, Copper...
by Chris Kimble | Aug 18, 2011 | Kimble Charting
The S&P 500 Railroad index in the lower right chart on 5/17, was up against rising channel resistance, while the DJ Trucking index was breaking below a bearish rising wedge (See Transportation derailment post here). Both of these industries are very...
by Chris Kimble | May 17, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE How the Tranports do can say a ton about the overall economy! At this time IYT hit key Resistance at the top of a wedge, which looks to have broken some of its upside strength. On a short-term basis, IYT has broken a short-term...
by Chris Kimble | Nov 18, 2010 | Kimble Charting
GM seems to be the lead story, yet other areas of the Transportation industry continue to reflect relative strength. Trucking and Railroads have broken above their April highs, while the 500 index is finding the April highs as resistance. ...
