by Chris Kimble | Mar 26, 2020 | Kimble Charting
Crude Oil Topping Pattern and Market Crash Charts The importance of crude oil to the world economy cannot be overstated. Even with the rise of alternative fuel resources, oil remains king. This is why I monitor crude oil prices as a potential indicator for the economy...
by Chris Kimble | Mar 25, 2020 | Kimble Charting
The Dow Jones Home Construction Index sent a bearish divergence message before the financial crisis ever started to unfold. Those investors that weren’t aware of this divergence most likely missed a key signal from a very important industry! Is an important...
by Chris Kimble | Mar 20, 2020 | Kimble Charting
The past couple of months has delivered a lot of bad news for investors. Several key ingredients to a healthy bull market have fallen sharply, including stocks, Doc Copper, and Crude Oil. In fact, all 3 have entered bear market territory in 2020. For the year, the...
by Chris Kimble | Mar 19, 2020 | Kimble Charting
S&P 500 Index versus 10 Year US Treasury Yield Chart There is a tight relationship between stocks, bond yields, and the economy. Especially in times of steep stock market corrections, bear markets, and economic uncertainty. The simple way of putting it is that...
by Chris Kimble | Mar 9, 2020 | Kimble Charting
Bearish reversal patterns are always a sign of caution. But when they happen on broader time frames, like “weekly” and “monthly” candles, they can be of a more serious nature. In this case, the Dow Jones Industrial Average put in a bearish “monthly” reversal pattern...
by Chris Kimble | Mar 6, 2020 | Kimble Charting
By now you are most likely aware that the S&P 500 just experienced its quickest 10% decline in its history. Did this decline break long-term rising channels? Check out the 3-pack above. This 3-pack takes a monthly look at the Bank Index (BKX), JP Morgan (JPM) and...
by Chris Kimble | Mar 3, 2020 | Kimble Charting
Will the economy experience a “Demand Shock?” Consumers stay at home and don’t buy many items. Will the economy experience a “Supply Shock?” Workers stay home and don’t create many products. Will a combo of both take place or...
by Chris Kimble | Feb 28, 2020 | Kimble Charting
Crude Oil created its second top back in October of 2018 at (1) and then it proceeded to decline nearly 50%! What did the S&P do while Crude declined 50%, it fell nearly 20% in less than 90-days! The above chart was shared on 1//8/2000, suggesting that Crude Oil...
