by Chris Kimble | Apr 24, 2020 | Kimble Charting
The bullish case for stocks is being put to an important price test here and now! This 4-pack reflects that “new resistance” and Fibonacci retracement levels are in play for each of these look-alike patterns. Each of these important indices hit long-term...
by Chris Kimble | Apr 21, 2020 | Kimble Charting
The stock market rally from the March crash lows has been sharp but lumpy. The S&P 500 Index and large cap stocks have lead the way higher, while the Russell 2000 Index and small cap stocks have lagged. That said, today’s chart highlights a significant overhead...
by Chris Kimble | Nov 25, 2019 | Kimble Charting
Small Caps (Russell 2000) have lagged large caps for nearly 18-months? Is it time for them to start outperforming large caps? What they do at (1) will send an important signal! The Russell ETF (IWM) has traded sideways for the past 6-months, inside of the blue shaded...
by Chris Kimble | Jul 31, 2019 | Kimble Charting
As investors prepare for the Federal Reserve announcement today, they are feeling pretty good. That’s mostly due to the performance of the “big 3” stock market indexes: the S&P 500 IndexINDEXSP: .INX, Dow Jones IndustrialsINDEXDJX: DJI, and the NasdaqINDEXNASDAQ:...
by Chris Kimble | Jan 18, 2019 | Kimble Charting
We often hear “Stocks take an escalator up and an elevator down!” No doubt stocks did experience a swift decline from the September highs to the Christmas eve lows. Looks like the “elevator” part of the phrase came true as 2018 was coming to an...
by Chris Kimble | Dec 21, 2018 | Kimble Charting
The Russell 2000 it’s 161% Fibonacci extension level in August and (1), where it quickly reversed and declined more than 20%! The swift decline now has small caps testing rising support and its 2015 highs at (2). While it is testing dual support, weekly momentum...
by Chris Kimble | Dec 7, 2018 | Kimble Charting
This chart looks at the Russell 2000 over the past 30-years, where it has spent the majority of that time, inside of rising channel (A). This chart reflects that the long-term trend in small caps remains higher. Weakness this year has it testing rising support tied to...
by Chris Kimble | Aug 17, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The Russell 2000 trend remains solidly higher, as it has created a series of higher lows and higher highs inside of rising channel (1) over the past 25-years. Small caps have been an upside leader in 2018, as they are very near all-time...
