Art's Charts April 30, 2014 at 05:30 AM
The major index ETFs closed with small gains as the market treaded water ahead of today's FOMC statement. These gains were enough to produce flag breakouts in QQQ and SPY. IWM remains in a downtrend and small-caps continue to hold the market back... Read More
Art's Charts April 29, 2014 at 08:34 AM
It was a volatile and mixed day on Monday. The Dow Diamonds (DIA) closed a half percent higher to lead the major index ETFs, while the Russell 2000 ETF (IWM) closed .58% lower on the day... Read More
Art's Charts April 29, 2014 at 08:29 AM
AMGN Spikes Near Support. BTU Breaks HS Resistance with Volume. Plus $EXPD, $GOOGL and $LEN VIdeo is unavailable while we work on a new interface... Read More
Art's Charts April 28, 2014 at 05:30 AM
Stocks sold off on Friday, but the long-term trends remain up. We cannot forget about the long-term trend because it is the bigger force... Read More
Art's Charts April 25, 2014 at 04:43 AM
Stocks have traded in mixed fashion for several weeks now. DIA, SPY and RSP are flat since early March, but QQQ and IWM are down. Relative weakness in small-caps and large-techs is a concern, but we have yet to see a breakdown in the broader market... Read More
Art's Charts April 24, 2014 at 05:59 AM
Stocks took a breather with techs leading the market lower on Tuesday. Relative weakness in techs may not last long because the Technology SPDR (XLK) and the Nasdaq 100 ETF (QQQ) are poised to open sharply higher on the heels of Facebook and Apple... Read More
Art's Charts April 24, 2014 at 05:50 AM
ANF Follows Up on Hammer. BAC Firms in Support Zone. Plus C, JPM, SYMC Individual charts are below video. Sorry but your browser doesn't support HTML5 video... Read More
Art's Charts April 23, 2014 at 09:13 AM
After becoming short-term oversold on 10-11 April, stocks firmed Monday-Tuesday last week and started a rally on Wednesday-Thursday. This short-term upswing continued this week with both QQQ and SPY advancing six days straight... Read More
Art's Charts April 06, 2014 at 11:34 AM
I am on a family vacation until April 18th and Art's Charts will be on hiatus for the next two weeks. The next Art's Charts will be published on Monday, April 21st... Read More
Art's Charts April 01, 2014 at 10:06 AM
Programming Note: I will be at the MTA Symposium on Thursday and Friday, and Art's Charts will not be published on those days. The first trading day of the month lived up to its bullish reputation as stocks surged with a fairly broad-based rally... Read More
Art's Charts April 01, 2014 at 08:55 AM
BZH Forms Classic Elliott Setup. CROX Forms Continuation Triangle... Read More