by Chris Kimble | Oct 20, 2018 | Kimble Charting
Just over 3 weeks ago, I shared a chart looking at the divergence that has been brewing under the surface of the S&P 500 (NYSEARCA:SPY). Since that post, the S&P 500 finds itself in a deep pullback, with other key stock market indices hitting correction...
by Chris Kimble | Oct 16, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the S&P 500 on a weekly basis over the past couple of years. Since the start of 2016, the S&P has spent the majority of the time inside rising channel (1). In January the S&P hit the top of the rising...
by Chris Kimble | Oct 11, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Did the top in the S&P 500 in 2007, have anything in common with the 2000 top? Yes! In 2000 the S&P made a nominal new high near the first day of fall, as monthly momentum was creating lower highs. Once it broke support selling...
by Chris Kimble | Sep 28, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This 4-pack compares the price action of today with the price action of the 2007 highs in the Dow Jones Home Construction Index, Bank Index & Real Estate. Before the S&P peaked in 2007, Home Construction, Banks and Real Estate...
by Chris Kimble | Sep 27, 2018 | Kimble Charting
After navigating an early year stock market correction, investors have seen the S&P 500(NYSEARCA: SPY) climb back to new all-time highs. While making new highs is bullish, it’s concerning when it comes with a significant divergence. In this case, it’s a momentum...
by Chris Kimble | Sep 7, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Is it possible that the S&P could follow the path Gold took 7-years ago this week or will it be “different this time?” Seven years ago this week, Gold had experienced a 9-year rally, taking it to its Fibonacci 261% level...
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...
