by Chris Kimble | Jun 13, 2019 | Kimble Charting
For the past decade, Lumber prices have traded within a broad rising trend channel. See (1) on the lumber “weekly” price chart above. Recently lumber prices hit the bottom of that channel and began to bounce higher. This could be good news for the S&P 500 Index... 
by Chris Kimble | May 23, 2019 | Kimble Charting
Is the DAX index from Germany about to send a bearish message to stocks in Europe and the States? Sure could! This chart looks at the DAX over the past 9-years. It’s spent the majority of the past 8-years inside of rising channel (1), creating a series of higher... 
by Chris Kimble | May 17, 2019 | Kimble Charting
Quality bull markets prefer to see Banks stronger than the broad markets or at least keeping up with it. Concerns often crop up when banks reflect relative weakness compared to the S&P. This chart looks at the Bank Index (BKX) over the past few years, reflecting a... 
by Chris Kimble | May 13, 2019 | Kimble Charting
The 4-month stock market rally to start 2019 brought the Dow Jones Industrial Average within 1 percent of its all-time highs made in 2018. This strong move higher has bulls excited about a new bullish wave higher that will lead to new all-time highs. But that cannot... 
by Chris Kimble | May 9, 2019 | Kimble Charting
Crude oil prices tend to offer a good general barometer for the global economy. More specifically, it is the trend of crude oil that matters. When demand is high and the economy is strong, crude oil prices tend to move higher… and the trend tends to be “up”. And this... 
by Chris Kimble | May 6, 2019 | Kimble Charting
Is the S&P Kissing the underside of “Dual Resistance” for the first time in history? Looks like it! Does that mean the market is topping here? Too soon to tell. The S&P has remained above the rising support line (1) for nearly 9-years. It broke... 
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 23, 2019 | Kimble Charting
How long as Tech been stronger than the S&P 500? 16-years! QQQ has outperformed than the S&P since the NDX 100 hit lows back in 2003. This chart looks at the QQQ/SPY ratio over the past 3-years. The ratio peaked 10-months ago and then declined into November of...
