by Chris Kimble | Jan 15, 2020 | Kimble Charting
It’s a good idea for investors to be aware of key indicators and inter-market relationships. Perhaps it’s watching the US Dollar as an indicator for precious metals or emerging markets. Or watching interest rates for the economy. Experience, history, and relationships...
by Chris Kimble | Jan 8, 2020 | Kimble Charting
Crude Oil double topped in late 2018, then it fell nearly 50% in 90-days, taking stocks along with it. Could Crude be “Double Topping” again? Let’s investigate what the chart is showing us. Crude oil created a weekly Doji Star topping pattern at (1)...
by Chris Kimble | Jan 7, 2020 | Kimble Charting
Is a bearish reversal pattern in S&P 500 taking place at a key Fibonacci level? Possible! This chart looks at the S&P 500 on a weekly basis over the past few years, where Fibonacci was applied to the “weekly closing highs and lows” during 2018. The...
by Chris Kimble | Dec 18, 2019 | Kimble Charting
Is the 10-year bull market for FedEx about to end? Odds are high we will find out soon! This chart looks at FedEx (FDX) over the past 12-years. It has spent the majority of the past 10-years inside of rising channel (1). It hit the top of this channel in January of...
by Chris Kimble | Dec 5, 2019 | Kimble Charting
Health Care (XLV) ETF has lagged the S&P for the past few years. Is the lagging trend about to end? It sure could and we should find out very soon! This chart looks at the Health Care/S&P Ratio (XLV/SPY), which reflects that it has created a series of lower...
by Chris Kimble | Nov 21, 2019 | Kimble Charting
Are junk bonds about to send stocks an important message? It looks like it from this chart! Junk Bond ETF (JNK) has created a series of lower highs and lower lows over the past couple of years, inside of falling channel (1). When it broke support in early 2018 at (2),...
by Chris Kimble | Oct 31, 2019 | Kimble Charting
How Banks perform in the long-term has historically been important to the S&P 500. Are Banks sending a spooky message to the S&P 500 this week? Could Be! This chart looks at the Bank Index (BKX) over the past 8-years. Since the lows in 2011, the index has...
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....
