Category: Stock Charts
February 5, 2012
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,344.90 on Friday, February 3, 2012.

Three trend lines stand out in this chart. All are ascending. The lowest line traces the trend of higher lows that started in November. The top line tracks the trend …
January 29, 2012
I charted the past three months of daily prices for the Dow Jones Industrial Average ($INDU, $DJI, DJIA) after the index closed at 12,660.46 on Friday, January 27, 2012.

At the beginning of December, I charted the S&P 500 index and pointed out how the 50 and 100 day moving …
January 22, 2012
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,315.38 on Friday, January 20, 2012.

As I mentioned last week in my Dow Jones chart, technical analysis can be an art as much as a science when using certain technical indicators. Three of my go-to …
January 11, 2012
This is starting to be a trend. I called it yesterday, but didn’t make the trade until today. At the bottom of my blog post yesterday I pointed out that TLT was due to come off its recent lows. I was hoping for one more day lower before it popped and missed a better trade because I waited. Instead of crying over spilled milk, I went forward with the trade this morning even though I didn’t get as good of …
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January 8, 2012
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,277.81 on Friday, January 6, 2012.

The S&P 500 is approaching resistance at its October 27th intraday high of 1,292.66 and volume will likely stay light until the large cap index can move past this key …
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December 27, 2011
I charted the Dow Jones Industrial Average ($INDU, $DJI, DJIA), after the markets closed on Friday, December 23, 2011, after the Dow closed for the week at 12,294.00.

The Dow lurched higher during the few days leading up to the Christmas holiday only to reach the area of previous resistance by the time the closing …
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December 18, 2011
This S&P 500 ($SPX) chart shows the past twelve months of weekly prices after the index finished the week at 1,219.66 on Friday, December 16, 2011.

The technical indicators aren’t all in agreement this week which makes traders more skittish going into the lower volume last two weeks of the year. When the picture isn’t as …
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December 11, 2011
I charted the Dow Jones Industrial Average ($INDU, $DJI, DJIA), after the markets closed on Friday, December 12, 2011, after the Dow closed for the week at 12,184.26.

After the Willliams %R indicator fell off the bottom of the Dow chart for the first time I can remember ever the index came shooting back like there …
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December 4, 2011
This S&P 500 ($SPX) chart shows the past three months of daily prices after the index finished the week at 1,244.28 on Friday, December 2, 2011.

The large cap index just finished its second best weekly point gain ever, but is facing resistance from its 200 day moving average (dma) now. Although the SPX has …
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