by Chris Kimble | Aug 10, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The trend for interest rates over the past couple of years is clearly higher, as yields have risen sharply! The 10-year yield trend over the past 6-years is flat and the same can be said for the 30-year yield over the past 3-years, as each is...
by Chris Kimble | Aug 4, 2018 | Kimble Charting
In trading, all that matters is price. And I tend to look use it to identify patterns that can help investors and traders. We can also use market ratios as a gauge of the stock market’s health. Today, we’ll look at the Invesco S&P 500 Equal Weight ETF $RSP vs the...
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 | Aug 1, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at Monthly Crude Oil Futures over the past 16-years, with Fibonacci retracement levels applied to the monthly “closing highs in 2008 and the closing lows of 2016.” The rally over the past couple of years took it...
by Chris Kimble | Jul 30, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE This chart looks at the Nasdaq Composite Index on a monthly basis over the past 20-years, where we applied Fibonacci to the 2000 highs and the 2003 lows. This past month the index was testing the 161% Fibonacci extension level off the...
by Chris Kimble | Jul 20, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The US Dollar hit peaked in January of 2017 and started creating a series of lower highs and lower lows, which has formed falling channel (1). King Dollar hit a cluster of support and the bottom of the falling channel (1) 6-months ago and a...
by Chris Kimble | Jul 17, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The long-term trends for the S&P 500 and JP Morgan remain up. Despite the trends being up, both have made little upward progress over the past 6-months? Any reason why they have struggled to move higher? One technical reason could be a...
by Chris Kimble | Jul 16, 2018 | Kimble Charting
CLICK ON CHART TO ENLARGE The chart above looks at what could be the most important commodity on the planet, Crude Oil and its price action over the past 15-years. We applied Fibonacci retracement levels to the highs in 2008 and the lows in 2016, at each (1). The...
