by Chris Kimble | May 5, 2018 | Kimble Charting
Today’s chart 2-pack takes a broad look at Gold and U.S. Equities. Both assets appear destined for a resolution soon. Could they be headed in opposite directions? Perhaps so… if these technical patterns play out according to the script. In the 2-pack below, we have a...
by Chris Kimble | May 1, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The above 4-pack looks at the S&P 500 on a weekly basis over four different time frames. The S&P has spent the majority of the past 80-years (upper left chart) inside of rising channel (1) and the trend remains up. The S&P has...
by Chris Kimble | Apr 13, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Above looks at the S&P 500 over the past 17-years on a weekly basis. In 2007 at the top of a rising channel, the S&P 500 appears to have created a “Descending Triangle” pattern before heading lower. Once it broke rising...
by Chris Kimble | Apr 7, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The definition of a bull market or bull trends widely vary. One of the more common criteria for bull markets is determined by the asset being above or below its 200 day moving average. In my humble opinion, each index above remains in a bull...
by Chris Kimble | Mar 28, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The Power of the Pattern believes that two of the most important emotional highs and lows over the past 11-years are the highs in 2007 and the lows in 2009. We applied Fibonacci to the 2007 highs/2009 lows at each (1). The 261% Fibonacci...
by Chris Kimble | Mar 19, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The long-term trend in the S&P 500 is up and nothing over the past 6-weeks has changed that trend! The chart above reflects that the long-term rally in the S&P 500 has it kissing the underside of two long-term rising channels at...
by Chris Kimble | Mar 7, 2018 | Kimble Charting
Don’t believe in the power of Fibonacci price levels? Perhaps this two-pack of stock market charts will change your mind. Back in late December, I warned that we were approaching the 261.8 Fibonacci resistance level on the Dow Jones Industrials: “We are now at the...
by Chris Kimble | Mar 7, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This 2-pack highlights that the Dow and S&P remain inside of quality rising channels (A). Both hit rising support on 2/9 and rallied. “X” marks the spot that bulls want to see taken out to the upside. If this is accomplished,...
