Art's Charts

September 2009

Art's Charts

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SPY Bounces, But Hits Key Retracement

by Arthur Hill

-SPY Bounces After Indecision -SPY Hits Key retracement on Intraday Chart -China and Japan Lag -Net Advancing Volume Not that Strong -Transport ETF Tests Broken Resistance -Bollinger Bands Tighten for SMH -Autonation (AN) Hits Support -Ford (F) Breaks Wedge Resistance -Gilead (GI... Read More 

Art's Charts

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A Post-Fed Blip in the Uptrend

by Arthur Hill

-Bulk of the Evidence Remains Bullish -A Blip in the Uptrend -Playing Short-term Pullbacks -Big Picture Review -Nasdaq McClellan Oscillator Lags -Volatility Indices Testing Lows -Dollar Gets Oversold Bounce -Crude Breaks Support -Gold Slips as Dollar Bounces -Bonds Firm as Stocks... Read More 

Art's Charts

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Uptrend and Dollar Dominate Stocks

by Arthur Hill

-Medium-term uptrend dominates decisions -SPY is short-term overbought -SPY forms bull flag on 60-minute chart -Euro and stocks zigzag together -Oil falls from resistance -Bonds cue from commodities -ATVI surges off support -ERTS stalls at key retracement -DYN breaks channel resi... Read More 

Art's Charts

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Wave 4 Uptrend Remains in Place

by Arthur Hill

-Evidence Remains Bullish For Stocks -Wave 4 is Still Possible (me thinks) -Current Uptrend is Still Actual (me knows) -Net New Highs Expand Further -Tech Sector0 Shows Relative Weakness -AD Lines and AD Volume Lines Hit New Highs -Volatility Indices Hit New Reaction Lows -Stocks... Read More 

Art's Charts

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Moving into a Zigzag Uptrend

by Arthur Hill

-SPY Zigzags After July Surge -SPY Stochastic is Short-term Overbought -Stocks and Dollar Do Inverse Dance -Oil Fails to Capitalize on Dollar Weakness -XLE and OIH Hit Resistance Zones -XOM Forms Triangle with Relative Weakness -Falling Agriculture Prices Could Affect ADM -Stocks... Read More 

Art's Charts

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Breadth & Dollar Keep Stocks in Bull Mode

by Arthur Hill

-Evidence Remains Bullish For Stocks -Weak Dollar Helps Stocks and Commodities -Major index ETFs Hit New Reaction Highs -Breadth Remains Bullish Overall -Small-caps Leading Large-caps -Nasdaq Lagging NY Composite -Stocks: ACS, ADSK, APD, ATVI, DVN, HRB, RTN, S, VZ -Link to today'... Read More 

Art's Charts

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August-September Lows Mark Key Support

by Arthur Hill

-Market Overview -RSI Holds for QQQQ -August Lows Mark Key Support -Defensive Sectors and Technology Lagging -XLB and XLY Hold Breakouts -OIH forms Falling Flag -KRE Hits Key Retracement -IYT and IYR Bounce off August Lows -Stocks: AA, DRI, DRYS, EXPD, RIG, SLE, XTO -Link to toda... Read More 

Art's Charts

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Wave 4 Continues Up for SPY

by Arthur Hill

-SPY Nears Long-term Retracement -Current Advance Looks Like Wave 4 -Momentum Wanes on Daily SPY Chart -Net New Highs Form Negative Divergence -AD Lines and AD Volume Lines Remain Bullish -McClellan Oscillator Turn Bearish -Volatility Indices Break Resistance -Link to today's vid... Read More 

Art's Charts

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Negative Divergences and Weakness in China

by Arthur Hill

-Back in the Saddle -RSI Negative Divergence for SPY -China Could Foreshadow Market Top -Nasdaq Lagging NY Composite -Interest Rates Continue to Fall -Dollar Remains in Quiet Downtrend -Gold Stalls Around 950 -Video Includes some Stock Setups -Link to today's video The next updat... Read More