by Chris Kimble | Dec 11, 2012 | Kimble Charting
On 11/20 the Power of the Pattern reflected that the DJ Railroad index was creating a bullish pattern, which could be sending a positive message for this index, the broad market and maybe the economy as a whole. (see bullish railroad post) CLICK ON CHART TO ENLARGE...
by Chris Kimble | Dec 3, 2012 | Kimble Charting
The Power of the Pattern reflected that a bullish pattern in the rails was taking place in the chart below that was published on 11/20, which was sending a bullish for the broad market. (see bullish rail post here) CLICK ON CHART TO ENLARGE The chart below reflects...
by Chris Kimble | Sep 13, 2012 | Kimble Charting
CLICK ON CHART TO ENLARGE The DJ Transports index has struggled to keep up with the S&P 500 this year, as it is underperformed the broad market by 10%. Falling resistance continues to be a challenge for this index. The broad market would benefit should the...
by Chris Kimble | Aug 18, 2011 | Kimble Charting
The S&P 500 Railroad index in the lower right chart on 5/17, was up against rising channel resistance, while the DJ Trucking index was breaking below a bearish rising wedge (See Transportation derailment post here). Both of these industries are very...
by Chris Kimble | Aug 5, 2011 | Kimble Charting
The chart below was posted on 7/28, reflecting that negative patterns in the leading transportation industry was at hand and they were suggesting that gravity can be pretty painful and Ole Wiley was waving good bye to current prices.. (See post here) IYT and the DJ...
by Chris Kimble | Jul 28, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE They say that it isn’t the fall that hurts…its the sudden stop! In investing, gravity can have an impact on portfolios when key support gives way! IYT and the DJ Trucking index look like they are struggling with key...
by Chris Kimble | Jun 22, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE Transports hit a high a few days before the Dow did back in April. With these key Tranportation sectors close to the top of falling resistance and creating “bearish upside wicks” today, investors should ...
by Chris Kimble | May 17, 2011 | Kimble Charting
CLICK ON CHART TO ENLARGE How the Tranports do can say a ton about the overall economy! At this time IYT hit key Resistance at the top of a wedge, which looks to have broken some of its upside strength. On a short-term basis, IYT has broken a short-term...