ChartWatchers

June 2013

ChartWatchers

Emerging Market iShares Plunge

by John Murphy

The biggest threat to the global stock rally is coming from emerging markets. The weekly bars in the chart below show Emerging Market iShares (EEM) falling to the lowest level in nine months. It has also broken a support line extending back to the fourth quarter of 2011... Read More 

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US Dollar Bear Market

by Richard Rhodes

The US Dollar has declined rather sharply over the past 2-weeks, which given the scope of the decline - has likely pushed it into a bear market... Read More 

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Is this a VIX Top and a Market Bottom?

by Tom Bowley

Volatility plays a role in any market environment, but I always look to key areas of resistance on the VIX to help identify tradable bottoms on the S&P 500. In my last article on June 1st, I suggested that the 18-19 resistance on the VIX could prove to be key... Read More 

ChartWatchers

Long-Term Look at the Nikkei

by Carl Swenlin

The Tokyo Nikkei Average has been in another free-fall since the top in May, falling -22%. Before we get to the long-term chart, let's look at the one-year daily bar chart. The average rose +82% in just six months in a parabolic move that was doomed from the start... Read More 

ChartWatchers

S&P 500 Remains with a Flag that Refuses to Fly

by Arthur Hill

The S&P 500 got a two day bounce last week and a nice surge on Thursday, but fell back Friday as it met resistance at 1650, which is now the short-term level to beat. Overall, notice that the index formed a falling flag type correction the last four weeks... Read More 

ChartWatchers

Now You Can Customize GalleryView Charts - This Might Just Change Everything!

by Chip Anderson

Hello Fellow ChartWatchers! GalleryView has been a often overlooked gem here at StockCharts going all the way back to the beginning of the website... Read More 

ChartWatchers

"Hindenburg Omen" Triggered after Friday's Big Market Reversal

by Chip Anderson

Hello Fellow ChartWatchers! It happened in mid-April and it happend again on the last day of May. The ominous sounding "Hindenburg Omen" signal has been given. Here's the chart: StockCharts members can click here for a live version of this chart... Read More 

ChartWatchers

Bullish Percent Indexes Stretched to Both Extremes

by Greg Schnell

Some of the most powerful,informative gauges of sentiment towards the market are the Bullish Percent Indexes. If you are not familiar with them, you can read about them here by clicking on this link... Read More 

ChartWatchers

Emerging Market Stocks Fall Hard During May

by John Murphy

The main story of the past week has been the upside breakout in U.S. Treasury bond yields to the highest level in thirteen months, and the corresponding drop in bond prices... Read More 

ChartWatchers

Slowing Momentum Could Pose a Threat to this Rally

by Tom Bowley

That's the bad news. The good news is that momentum issues are more of a short-term nature than a long-term one. Still, as traders, we need to respect them just the same... Read More 

ChartWatchers

US Dollar Index Tests Breakout ahead of Big Economic Week

by Arthur Hill

The US Dollar Index ($USD) is in a long-term uptrend, but the index pulled back this week to test the most recent breakout. A strong breakout should hold, while a weak breakout would fold. This is am important test for the greenback as we head into a big economic reporting week... Read More 

ChartWatchers

Sector Check

by Carl Swenlin

The S&P 500 component stocks are divided into nine sectors. All the stocks are used, and each stock is only used once. Those sector indexes are typically tracked using the nine SPDRs, which are essentially ETFs that whereby the sectors can be traded... Read More