ChartWatchers

July 2007

ChartWatchers

DON'T IGNORE HISTORY

by Chip Anderson

We discuss so many different technical scenarios that sometimes we lose sight of what history has taught us. It's time to pause for a bit after a very nice rally in the equity markets and see what history has to say... Read More 

ChartWatchers

THE MOMENT-OF-TRUTH FOR FINANCE

by Chip Anderson

Despite a sharp decline over the last six weeks, the Finance SPDR (XLF) remains in a long-term uptrend on the weekly chart and support is at hand. The Finance SPDR (XLF) met resistance at 38 twice this year and declined to around 36-36.5 in June and July... Read More 

ChartWatchers

GOLD: LONG-TERM PICTURE LOOKING SHAKEY

by Chip Anderson

On Thursday our trend model for gold switched to a buy, which means our medium-term posture is bullish on gold; however, when I looked at a very long-term chart of gold I saw something that gave me a slightly queasy feeling... Read More 

ChartWatchers

SMALL CAPS FAIL TO SET NEW HIGHS

by Chip Anderson

I suggested Friday that part of the recent weakness in market breadth figures was most likely due to the fact that most of the recent buying has been in large cap stocks, and that small cap indexes had yet to hit new highs. That discrepancy is shown in the chart below... Read More 

ChartWatchers

SCANNING FOR DOLLARS

by Chip Anderson

Recently, we've seen a big increase in the number of people sending in questions about our scanning feature. Here's an article that I wrote about creating and running scans waaaaay back in October of 2002... Read More 

ChartWatchers

THE WEAK DOLLAR COULD STRENGTHEN YOUR PORTFOLIO

by Chip Anderson

The U.S. Dollar Index is approaching levels not seen since 1992. The reasons are fairly obvious. Global interest rates are on the rise and our own interest rates have been on hold for 8 straight meetings... Read More 

ChartWatchers

20-WEEK CYCLE CRESTING

by Chip Anderson

When performing market analysis it is best to first look at the long-term view of what is happening because it provides us with the relevant context for analysis of shorter-term market action... Read More 

ChartWatchers

NASDAQ/S&P 500 RATIO

by Chip Anderson

In November-2006, we noted that if one previewed the NASDAQ Composite/S&P 500 Ratio, one would find a very well pronounced and bullish consolidation forming... Read More 

ChartWatchers

DATAFEED PROBLEMS CONTINUE

by Chip Anderson

In case you've been under a rock, we have been having severe problems with our intraday datafeed during the past two weeks. We've created a detailed page explaining the problem and the current status of the solution... Read More 

ChartWatchers

A TOUR OF OUR NEW DATACENTER

by Chip Anderson

The Dow is poised to re-test the 13,700 level next week. If it is able to break above that level, it will be a very bullish development indeed. Given that the Dow has faltered just below that level twice in the previous two months, odds are it will fail again this time... Read More