by Chris Kimble | Aug 2, 2018 | Kimble Charting
The history of the Dow Jones Industrial Average (INDEXDJX:.DJI) is one built on ups and downs. But more ups than downs over the long-run In the chart below, we look at the price action over the past century. For the majority of that time (roughly 70 years), the Dow...
by Chris Kimble | Jul 25, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Boeing has been in a leadership role over the past few years, as it has far outpaced the Dow and S&P 500 to the upside. The trend for Boeing remains up and price action of late has not changed this trend. 6-months ago Boeing hit rising...
by Chris Kimble | Jul 17, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The long-term trends for the S&P 500 and JP Morgan remain up. Despite the trends being up, both have made little upward progress over the past 6-months? Any reason why they have struggled to move higher? One technical reason could be a...
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...
