Bloomberg recently interviewed the chief technician of Bay Crest Partner’s, Christian Bendixen and the firm is now saying the S&P may have already peaked in 2010. Their primary concern is [ … ]
Category: Chart Of The Day
(Just Charts)
NEGATIVE DIVERGENCES ABOUND
I am still of the opinion that we will see some kind of downside correction because of the abundance of negative divergences to be found on our indicator charts. The first is the gradually contracting volume seen on the chart below.
JUST HOW BIG HAS THE RALLY BEEN?
The rally has felt surreal in its quickness and ferocity, but in historical terms this has been a fairly mild move. The following comes to us courtesy of Chart of [ … ]
WHY YOU SHOULD CARE ABOUT THE DJIA PRICED IN GOLD
Of the many forward looking market indicators employed at EWI, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as EWI’s president Robert Prechter calls it.
CHART OF THE DAY: WHY THE FED COULD BE ON HOLD FOR 2010
Great interactive tool from Bloomberg: Cullen RocheMr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on [ … ]
TECHNICAL OUTLOOK: EXPECT MORE VOLATILITY
The following is from Decision Point: One would think, after a three-week hiatus, that there would be plenty to write about the market. But there isn’t. The S&P 500 has [ … ]
JUST HOW UNUSUAL IS THIS OUTLIER RALLY AND CAN IT BE SUSTAINED?
Back in early November we ran a story titled “from one outlier to another”. The market had declined and recovered from a very deep trough so rapidly that we experienced [ … ]
CHART OF THE DAY: THE INTRA-DAY ACTION IS WHERE IT IS
Today’s chart of the day comes to us courtesy of Tim Backshall at CDR. In a sign of the speculative nature of the rally, the intra-day moves have dominated the [ … ]
CHART OF THE DAY: CHINESE STOCKS BREAK-DOWN
The Shanghai equity market has served as an important indicator of the equity market over the last 5 years. As we all know, China is the fundamental driver of much [ … ]