by Chris Kimble | May 25, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at Crude Oil on a monthly basis over the past 15-years. Crude experienced a large decline (75%+) from the highs in 2011 to the lows in 2016. We applied Fibonacci to this key highs and lows at each (1) above. The rally from...
by Chris Kimble | May 23, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE Few industries are more important to the overall economy than the Housing Sector. The chart above looks at the Dow Jones Home Construction Index over the past 18-years and how it has peaked and bottomed ahead of the broad markets in the past....
by Chris Kimble | May 18, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE While the Dow, S&P 500, Nasdaq 100 and the NYSE all continue to chop sideways and remain below highs hit in January, the same can not be said for Small Caps (IWM) and Micro Caps (IWC). The 2-pack above highlights that IWM & IWC both...
by Chris Kimble | Apr 25, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This 4-pack reflects that each of these indices remains in uptrends and each is at the top of multi-year rising channels. Softness over the past 90-days has not changed the long-term trends. It also reflects that each could be creating some...
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 10, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The chart above looks at performance numbers of several key indices on a Year-To-Date basis and from the highs in January. Both highlight that these indices are soft and mostly choppy so far this year. The 8-pack below looks numerous stock...
by Chris Kimble | Apr 9, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The decline of late in Tech ETF QQQ has it testing triple support at (1). A bounce is due here and QQQ could bounce at least 5%+. Bulls want to be careful that if a bounce takes place that it could be forming an important topping pattern....
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...
