by Chris Kimble | Feb 19, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE Houston we could have a problem! Is the Dow forming the right shoulder of a bearish head & shoulders top? Too soon to tell? Sure could be. I do find today’s action, a bearish reversal wick at the same level as the potential...
by Chris Kimble | Jan 24, 2014 | Kimble Charting
CLICK ON CHART TO ENLARGE The two largest declines in the Transports index over the past 7-years took place when reversal patterns took place at resistance. Is the Transports forming another reversal pattern this week at resistance? Stay tuned to this...
by Chris Kimble | Dec 24, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Wishing you and your family a Merry Christmas & Happy Holiday season From Ben & his friends!!! On a personal note, I hope each of you have a wonderful holiday experience with your family and friends. Thank you for your viewership of...
by Chris Kimble | Apr 2, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Federal Express has been a good leading indicator for the S&P 500 over the past 10 YEARS! Back in 2002, FDX created higher lows and the SPY followed. In 2006/2007 FDX created lower highs and the SPY followed it down. Now Fed...
by Chris Kimble | Feb 25, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE I am going to get “Very Picky” on the Transportation ETF (IYT). Doji star or engulfing bear patterns, can often signal highs in any asset, especially at market highs or at resistance. The above chart reflects a...
by Chris Kimble | Feb 19, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE When the DJ Trucking Index broke support back in July of 2011, the S&P 500 declined around 15% in the following 90 days at (1) in the above chart. The Trucking index has declined 7% in less than a month, after hitting its 2011 highs. The...
by Chris Kimble | Feb 7, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE The DJ Trucking index’s rallied 30% since last summer which has taken it back to its 2011 highs. Yesterdays 4% decline in this index does not make a trend, yet it is worth watching their action in the upcoming days because it is...
by Chris Kimble | Jan 30, 2013 | Kimble Charting
CLICK ON CHART TO ENLARGE Real Estate ETF (IYR) and Transports (IYT) have been sizzling hot over the past 6 months, gaining two/three times as much as SPY. The rallies have both of these up against key tests of resistance right now. Are these two done enough for...
