Art's ChartsOctober 18, 2023 at 09:27 AM
The Home Construction ETF (ITB) led the market the first seven months of the year, but fell on hard times the last two months and reversed its long-term uptrend. Today's report/video will look at the trend reversal in ITB using the RSI Trend Range indicator...Read More
Art's ChartsOctober 16, 2023 at 09:32 AM
Today's report will compare charts and performance for the Semiconductor ETF (SOXX) and the Semiconductor SPDR (XSD). SOXX represents large-caps and is holding up. XSD represents the average semiconductor stock and it is not holding up...Read More
Art's ChartsOctober 12, 2023 at 01:42 PM
Despite a rough ride in September, the S&P 500 is still up 14% year-to-date and the Nasdaq 100 is up a whopping 40%. The gains here, however, do not tell the entire story because many stocks are struggling in 2023...Read More
Art's ChartsOctober 10, 2023 at 10:47 AM
Chartists looking to get the jump on a bigger breakout can turn to the swings within a developing pattern. For example, a Symmetrical Triangle after an advance is a bullish continuation pattern. We can get the jump on a breakout by trading a downswing reversal within the pattern...Read More
Art's ChartsOctober 05, 2023 at 10:59 AM
QQQ remains well above the rising 200-day SMA, but clearly shifted from bullish to bearish over the last two months. Today's report/video will show this momentum shift and analyze the short-term continuation pattern taking shape...Read More
Art's ChartsOctober 03, 2023 at 10:46 AM
The pockets of strength are shrinking as more stocks succumb to selling pressure. The Nasdaq 100 is the strongest of the major indexes, while the Finance sector is one of the weakest sectors...Read More
Art's ChartsSeptember 28, 2023 at 10:40 AM
Stocks were hit hard the last two weeks with the S&P 500 SPDR (SPY) breaking below its August low. SPY also forged a lower high from July to August. Stocks and ETFs that held above their August lows are showing relative strength...Read More
Art's ChartsSeptember 26, 2023 at 09:40 AM
Stocks fell sharply in September with the S&P 500 SPDR (SPY) breaking below its August low. Chartists can now use this low as a benchmark low to gauge relative performance. Stocks that held above the August low are showing relative strength...Read More
Art's ChartsSeptember 21, 2023 at 09:38 AM
It has been a rough ride for most commodities this year and especially over the last 100 trading days (since May). Of the twelve spot prices I track, nine are up and three are down. Precious metals, base metals, lumber and grains are all down...Read More
Art's ChartsSeptember 19, 2023 at 10:35 AM
A few large-caps and large-cap techs are holding up, but other areas of the market are showing weakness. Namely, the Retail SPDR (XRT) and Regional Bank ETF (KRE) are two of the weakest groups right now...Read More
