ChartWatchers

July 2015

ChartWatchers

20-Year Treasuries ETF (TLT) Forms a Bullish Reversal Pattern

by Erin Swenlin

With the new Intermediate-Term Trend Model (ITTM) BUY signal on TLT and the breakout for the second time above the March low, I decided it was definitely time to abort the bearish Adam and Eve double-top pattern that I have been watching in earnest... Read More 

ChartWatchers

When Big Cap Tech Gaps Big

by Greg Schnell

Google broke out to new all time highs this morning after announcing earnings yesterday. The real problem for investors is after a huge move, what should investors do? I want to look at previous examples and end the article with the Google chart. Let's look at Netflix (NFLX)... Read More 

ChartWatchers

Google Leads the Internet Higher

by John Murphy

(Note: This article was originally published Thursday afternoon.) The Internet group has been leading the technology sector higher this week. The standout performer in that group is Google... Read More 

ChartWatchers

Why You Really Should Watch our Webinars

by Chip Anderson

Hello Fellow ChartWatchers! The stock market moved higher this week on good earnings news - but it is too early to conclude that the Bull are firmly back in charge. Why? One word - breadth. Breadth and momentum. OK, sorry, two, two words - breadth, momentum and seasonality... Read More 

ChartWatchers

Not Every Trade can be a Winner - But there are ways to Protect

by John Hopkins

As traders, all of us hope that each new position we take on becomes a winner. Realistically, we all know that some trades will turn out to be losers... Read More 

ChartWatchers

Internet Index Soars

by Tom Bowley

There's a reason we watch chart patterns. Earlier this week in a DITC blog article, the internet index ($DJUSNS) finally cleared 900 resistance after failing at that level on a few occasions the past 18 months. This latest attempt was different, however... Read More 

ChartWatchers

Bulls-Eyes Are Great, but First Get the Arrow onto the Target

by Carl Swenlin

If you've ever practiced archery, you know that your ultimate objective is to put the arrow in the bulls-eye, but just putting it on the target still feels pretty good. While we aim at perfection, we'll happily settle for competence... Read More 

ChartWatchers

Staring Into Asia, Specifically India

by Greg Schnell

The news from the Shanghai market has been expected for while. Parabolic rises seldom descend in a controlled manner. Lately, this dominates the Asian news feeds about markets. However, some of their neighbours are doing quite well... Read More 

ChartWatchers

Home Construction ETF Leads and Holds Breakout

by Arthur Hill

The mixed performance of ten key industry group ETFs reflects the flat performance in the S&P 500 since early May. Note that the S&P 500 is virtually unchanged since April 30. As the PerfChart below shows, six of the industry group ETFs are up and four are down... Read More 

ChartWatchers

Higher Yields Mean Lower Utility Prices

by Tom Bowley

Utility stocks benefited as much as any sector during the unprecedented drop in treasury yields. Those who seek income were forced out of treasuries the past several years because of historically low treasury yields and they found a home in utilities... Read More