by Chris Kimble | Oct 30, 2019 | Kimble Charting
The S&P 500 Index appears to be setting up for an important breakout “TEST”. Stock market bulls are cheering for a breakout, while bears are looking for a pullback off resistance. In today’s chart, we look at the S&P 500 Index on a longer-term “weekly” basis....
by Chris Kimble | Sep 20, 2019 | Kimble Charting
If one invested in the India ETF (INDA) back in January of 2012, your total 7-year return would be 24%. During the same time frame, the S&P 500 made 124%. The 7-year spread between the two is a large 100%! Are things about to improve for the INDA ETF and could it...
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 | Mar 19, 2019 | Kimble Charting
If the saying So Goes The Banks, So Goes The Broad Market is true, what message are we receiving when financials have lagged the broad market for over a year? This 2-pack looks at the XLF/SPX and EUFN/XLF ratios over the past couple of years. The XLF/SPX ratio has...
by Chris Kimble | Mar 13, 2019 | Kimble Charting
Junk Bonds and the S&P 500 are both facing key breakout tests at the same time. What each does at these key price points could well determine if the S&P 500 will have the strength to retest last years all-time highs. This chart looks at Junk Bond ETf (JNK) and...
by Chris Kimble | Jan 22, 2019 | Kimble Charting
The correlation between Crude Oil and the S&P 500 has been rather high over the last 100-days, as each looks to have peaked at the same time around the 1st of October at (1). After peaking together in October, Crude fell over 40% and the S&P nearly declined...
by Chris Kimble | Nov 26, 2018 | Kimble Charting
Could the S&P remain stuck in a trading range for another 8-months? Possible as it could be repeating a prior trading range! This chart applies Fibonacci extension levels to the 2007 highs and 2009 lows at each (1). The S&P created a Trading Range for over...
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...
