ChartWatchers

March 2005

ChartWatchers

AIRLINES UNDER PRESSURE

by Chip Anderson

With the surge in oil prices over the last three months, the Amex Airline Index (XAL) remains under pressure. After a sharp decline in January, the index consolidated with a symmetrical triangle... Read More 

ChartWatchers

LOOKING FOR A CRB TOP

by Chip Anderson

The title of this article, Looking for a CRB Top , has been my broken record for the last year or so, but it just hasn't happened so far. I use the monthly price chart and PMO ( Price Momentum Oscillator ) to determine when long-term price reversals may be approaching... Read More 

ChartWatchers

SHORTING THE SOX

by Chip Anderson

Today we expand a bit with 2 charts; with our contention that selling short the Semiconductor Index ($SOX) and several individual names has a high probability of success in the months ahead... Read More 

ChartWatchers

SITE NEWS:

by Chip Anderson

SHARPCHARTS2 BETA 6 - As Chip said above, we are focused on finishing up the work on SharpCharts2 as soon as possible. Check out his comments above for more details. DECISIONPOINT.COM'S NEW LOOK - OK, OK, so it's not news about StockCharts.com... Read More 

ChartWatchers

DON'T MIND THE BIG VOLUME

by Chip Anderson

Most of the major market averages closed in the red today, but only marginally. After trading down most of the day, the S&P 500 closed with a loss of less than a point. The S&P also held at its late February low at 1184... Read More 

ChartWatchers

Hello Fellow ChartWatchers!

by Chip Anderson

Things are jumping here at StockCharts. With the upcoming release of the next version of our main charting tool, I've been way too busy to watch the market closely... Read More 

ChartWatchers

NASDAQ VERSUS NEW YORK

by Chip Anderson

This chart shows the performance of the Nasdaq relative to the NYSE Composite. The market as a whole usually does better when the Nasdaq leads (green trendlines) and worse when the Nasdaq lags (red trendlines)... Read More 

ChartWatchers

DVY: DIVIDEND-PAYING ETF

by Chip Anderson

Many ETFs (Exchange Traded Funds) pay dividends, but only one is devoted to dividend-paying stocks -- the Dow Jones Select Dividend Index Fund (DVY)... Read More 

ChartWatchers

LONG TERM WEDGE PATTERN LOOMING

by Chip Anderson

The recent rally to new yearly highs hasn't materialized in all the major indices. In fact, the Nasdaq Composite has lagged rather badly; thus it is either 'poised to catch up' or it will become the leaders once the cyclical bull market ends... Read More 

ChartWatchers

SHARPCHARTS 2 ROAD MAP

by Chip Anderson

- We are getting close to the final release of our new charting engine called SharpCharts2. But before we make SharpCharts2 the "official" charting engine on our website, we have to make sure that it is rock solid... Read More 

ChartWatchers

ELLIOTT WAVE UPDATE

by Chip Anderson

LOOKING FOR 62% RETRACEMENT AT 1250 ..... Read More 

ChartWatchers

Hello Fellow ChartWatchers!

by Chip Anderson

We are super busy preparing the new release of our SharpCharts2 charting engine (see the "Site News" section below for more details). That means I haven't been paying much attention to the market recently... Read More