KEY TAKEAWAYS * Analyst opinions of Dow Jones Industrial Average are mixed, with both bullish and bearish forecasts * While some analysts expect the Dow to hit 40,000 this year, some say it can fall to 34,000 * Basic tools like trend lines and support-and-resistance, paired with Fibonacci Retracements, can help... READ MORE
Chart 1 shows that the Dollar Index has been in a trading range since the start of 2023. Its sheer size indicates the ultimate breakout could be followed by a sizeable move in either direction. It is also likely to have important implications for many different markets and asset classes.... READ MORE
June is here! Will it be bloom or gloom for the stock market? In this month's Family Gathering video, Larry examines the current averages in the market and what the advance-decline line is telling us. He explains the Trading Day of the Month (TDOM) concept and how you... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave celebrates Nvidia's rise to overtake Microsoft (MSFT) as the largest company by market cap, creating chaos in the Technology Sector ETF (XLK) with implications for Apple (AAPL). He points out that 10% of the S&P... READ MORE
KEY TAKEAWAYS * Crude, Brent, gasoline, and natural gas tend to dip and peak in the summer months * Although seasonality plays are attractive, they're not always reliable * If you're looking to take advantage of seasonality trends, here are some technical levels to watch We're heading... READ MORE
In this video from StockCharts TV,Julius shares a rare RRG rotational pattern that he's never seen before! He then follows up with a breakdown of the current sector rotation into offensive, defensive, and sensitive, and finds that only one sector is on a positive relative trajectory... which... READ MORE
Today, Larry Williams will be hosting a "Family Gathering" meeting at 2pm Eastern Daylight Time (11am Pacific). Sign-in in begins 5 minutes prior. The show, which will include both a presentation from Larry and a viewer Q&A session, will be recorded and posted online for those... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave breaks down an upside follow-through day for the S&P 500 and Nasdaq, and highlights the continued weakness in market breadth indicators. Dave identifies key levels to watch for GLD, FSLR, ENPH, TSLA, AVGO, and BIO. Focusing in... READ MORE
KEY TAKEAWAYS * Gold reached its triangle breakout price objective * Since reaching the price objective after the triangle breakout, gold has been in a distribution phase * If gold breaks lower, it could fall by 10–12% In early 2024, gold reached the price objective derived from the breakout of the large... READ MORE
Carl and Erin return to the trading room showing you the charts you need to see to start your week! Carl covered the market trends and condition to start the program. He also covers Bitcoin, Dollar, Gold, Silver, Gold Miners, Bonds, Yields and Crude Oil. Carl also gave us a... READ MORE
The week that went by was in stark contrast to the week before that, as the markets remained in an extremely narrow range before closing with modest gains. The markets demonstrated a peculiar feature over the past five sessions; on four out of five trading days, the Nifty 50 came... READ MORE
In this StockCharts TV video, Mary Ellen reviews the overbought condition in the markets after last week's move to a new high in price. She highlights select areas that pushed the markets higher and covers NVDA, AAPL, and more. She also discusses the anatomy of a true downtrend... READ MORE
There is no denying the strength of the bullish primary trend for stocks off the April low. The Nasdaq 100 index continues to make new all-time highs, closing just under $480 on Friday after gaining about 3.5% over the last week. But will this incredible uptrend continue into July... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave describes how the "breadth thrust", popularized by legendary market strategist Martin Zweig, can help to validate a new bull phase for stocks. He answers viewer questions on pairs trades, running technical indicators like RSI on price ratios,... READ MORE
KEY TAKEAWAYS * Cooler inflation data sees Treasury yields fall and bond prices rise * The S&P 500 and Nasdaq Composite hit new highs as interest rate cuts could be on the horizon * AAPL overcomes headwinds and is playing catchup while TSLA awaits results of a shareholder vote to approve... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a fresh new all-time high for the S&P 500, a concerning "hanging man" candle for the SPY, and troubling bearish divergences on the charts of AMZN and GOOGL. He also breaks down short-term and... READ MORE
Note to the reader: This is a set of appendices for a series of articles I'm publishing here, taken from my book, "Investing with the Trend." Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete... READ MORE
Larry is going LIVE! Don't miss the upcoming "Family Gathering" webinar with Larry Williams, airing live through Zoom on Tuesday, June 18 at 2:00pm Eastern Daylight Time. In this must-see event, Larry will be presenting his current opinions on a broad variety of current market... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps the continued optimism for technology shares following this morning's bullish CPI data and the Fed's statements suggesting a Goldilocks scenario for risk assets. He also breaks down key technical signals and levels for AAPL,... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows the five ways to use the Moving Average lines to help with decision making. He discusses how these lines can help to define trend reversals and confirmed trends, when to be on the alert for a... READ MORE
In this video from StockCharts TV,Julius examines the theoretical sector rotation model and aligns it with current state of sector rotation on Relative Rotation Graphs, and the phase of the economy. He makes some interesting observations and highlights some flashing warning signals. Check out Julius' Macroeconomic Variables/Metrics... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave reviews key charts from a technical analysis perspective, including AAPL, FSLR, MSTR, and STT. He also addresses the potential bearish momentum divergence for the S&P 500 index and reviews the negative breadth conditions, with new 52-week lows... READ MORE
In most cycles, central banks around the world raise and lower short-term interest rates in a rough synchronization. Last week, the European and Canadian central banks began lowering their rates, and the British are expected to follow suit this week. Most observers of the US expect the Federal Reserve to... READ MORE
In this edition of StockCharts TV'sThe Final Bar, Dave recaps a bullish day for stocks, with 8 out of 11 S&P 500 sectors finishing higher. He breaks down the charts of NVDA, ENPH, FSLR, and AMD, and reviews a potential upside reversal in gold. See Dave&... READ MORE
Did you know that the equally-weighted RSP is seriously underperforming the cap-weighted SPY? It is losing considerable ground against the SPY and that suggests that if mega-caps fail, so will go the market. Carl shows us charts to prove his point. Next up Carl covers the market in general followed... READ MORE
The markets had an incredibly eventful week as they reacted to the exit polls and general election results. All happened in the same week; the Nifty saw itself forming a fresh lifetime high, and also came off close to 8% from its peak. A remarkable recovery also followed, which led... READ MORE
There is no denying that the primary trend for the S&P 500 remains bullish as we push to the end of Q2 2024. But what about the conditions "under the hood" of the major benchmarks? Today, we'll highlight three "signs of the bear&... READ MORE
In this StockCharts TV video, Mary Ellen reviews what drove the markets to new highs. She highlights S&P 500 sectors, plus stocks that have reversed their downtrends, pointing out good entry points. Mary Ellen also takes a close look at why stocks did not respond to today'... READ MORE
KEY TAKEAWAYS * Stock market unfazed by today's jobs data * Yields rise, US dollar rises, and equities close the week relatively flat * Market breadth continues to be strong, indicating the stock market is still chugging along It was a bit of a seesaw week in the stock market, but,... READ MORE
KEY TAKEAWAYS * Only Large-Cap Growth is on a positive RRG-Heading * No segment, except LC Growth, has managed to take out its late March high * $DJUSGL setting up for negative divergences Breaking Down Into Growth / Value Using Relative Rotation Graphs to help break down the US stock market into various segments... READ MORE
The Technology Sector (XLK) continues to dominate and drive the rally, but fewer and fewer stocks within the sector are participating in the rally. We know this because our Silver Cross Index (SCI), which shows the percent of stocks in the Technology Sector with Silver Cross BUY Signals (20-day EMA... READ MORE
Note to the reader: This is the twenty-fourth in a series of articles I'm publishing here taken from my book, "Investing with the Trend." Hopefully, you will find this content useful. Market myths are generally perpetuated by repetition, misleading symbolic connections, and the complete ignorance of... READ MORE
On this week's edition of Stock Talk with Joe Rabil, Joe shows the three keys he hunts for when identifying reversals and strong trends, giving a few examples and then showing one that is developing now. He then highlights similar techniques he uses while reviewing the Sectors. In... READ MORE
In this video from StockCharts TV,Julius uses the S&P 500 Sector Indexes to assess the long term price trends on the completed monthly charts for May, then discusses the long-term relative trends on a monthly RRG. Julius highlights the continued relative strength for Technology, Communication Services and... READ MORE
The Canadian and Aussie dollars have been confined between two converging trendlines since the beginning of the century, as we can see from Chart 1. The moment of truth appears to be close at hand, as both are approaching the apex of a giant potential symmetrical triangle. One usually consistent... READ MORE
It is well known that stock market indexes are fractal. Demonstrating repeatable price structures in all timeframes. In the intraday timeframe these price structures repeat frequently. The Wyckoff characteristics of Accumulation, Markup, Distribution and Markdown are constantly at work in smaller periods of time. Wyckoff students will study such structures... READ MORE
On today's DecisionPoint Trading Room episode Carl and Erin discuss Friday's "Upside Initiation Climax" and whether it can be trusted. With market follow through tepid, they discuss the implications of this very bullish signal. Carl reveals his sentiment of the overall market and covers... READ MORE
The Indian equities experienced a notably eventful previous week, marked by a fresh lifetime high and a subsequent decline of over 400 points within the same week. Over the past five sessions, the Nifty 50 index fluctuated within a 693.80-point range before closing with a net weekly loss of... READ MORE
While the S&P 500 did manage to finish the week above tactical support at 5250, one of the most widely-followed macro technical indicators recently registered an initial sell signal for the second time in 2024. Today we'll explain the three components of the Hindenburg Omen, show... READ MORE
KEY TAKEAWAYS * Trend Continuation * Breakouts * Momentum Confirmation * Bull Flags Top 5 Stocks in "Go" Trends Trend Continuation on Rising Momentum GoNoGo Charts® highlight low-risk opportunities for trend participation with intuitive icons directly in the price action. The resurgence of momentum in the direction of the underlying price trend... READ MORE