Art's Charts

December 2024

Art's Charts

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Is this Bounce a Robust Rebound or a Dead-Cat Bounce?

by Arthur Hill

Breadth became oversold last week and stocks rebounded this week. Is this a robust rebound or a dead cat bounce? Today's report will show a key short-term breadth indicator hitting its lowest level in 2024 and becoming oversold... Read More 

Art's Charts

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Three Big Negatives Overshadow the Uptrends in SPY and QQQ

by Arthur Hill

SPY and QQQ remain in long-term uptrends, but three big negatives are currently hanging over the stock market. Two negatives are tied to important cyclical groups and the third is reminiscent of summer 2022... Read More 

Art's Charts

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Fintech Leadership Provides Good Hunting Ground for Bullish Setups

by Arthur Hill

Chartists looking for stock setups can start with strong industry groups. The Fintech (FINX) is in a strong uptrend and leading, but looking extended short-term. While there is no setup currently, we can learn from past setups and apply these lessons to stocks within the group... Read More