ChartWatchers

July 2010

ChartWatchers

STOCKCHARTS NOW ON FACEBOOK

by Chip Anderson

DO YOU LIKE US? DO YOU REALLY, REALLY LIKE US? - StockCharts now has an official page on FaceBook that FaceBook users can use to keep up with the latest site developments and articles. Just visit http://facebook... Read More 

ChartWatchers

THE NEED FOR SPEED

by Chip Anderson

Hello Fellow ChartWatchers! Are you feeling more bullish now? Last week's rallies have put some needed energy back into the traders that haven't gone on vacation this summer... Read More 

ChartWatchers

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S&P 500 BREAKS LONG-TERM MOVING AVERAGE

by Arthur Hill

On the monthly chart, the S&P 500 broke below its 12-month moving average for the first time since July 2009. Even though moving average crossovers do not pick exact bottoms or tops, this moving average cross captured the major moves over the last eight years... Read More 

ChartWatchers

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STOCK INDEXES BREAK DAILY DOWNTREND

by John Murphy

Stocks turned in a strong performance Thursday. The three major stock indexes shown below closed back over their 50-day moving averages. The S&P 500 (Chart 2) and the Nasdaq Composite (Chart 3) did so for the first time since early May... Read More 

ChartWatchers

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UNDERSTANDING DIVERGENCE

by Tom Bowley

Divergences are among the most misused technical analysis tool anywhere, in my opinion. The first step in successful trading using divergences is understanding both their strengths and their limitations... Read More 

ChartWatchers

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NOW THAT'S A TRADABLE RALLY!

by Richard Rhodes

After a horrid 2nd quarter, the S&P 500 is sure making up it's losses at a rapid rate... Read More 

ChartWatchers

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MONITORING EQUAL-WEIGHT INDEXES

by Carl Swenlin

We have added a new page of charts to help us monitor the relative strength of equal-weighted indexes against their capitalization-weighted counterparts. Cap-weighted index values are dominated by the larger-cap stocks in the index... Read More 

ChartWatchers

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NYSE SUMMATION INDEX'S "400" SIGNAL

by Chip Anderson

Hello Fellow ChartWatchers! With the market posting four solid up days over the past week, is now the time to get back in to the market? That's the main topic of this week's newsletter and there are lots of opinions going around right now... Read More 

ChartWatchers

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THE MID-YEAR UPDATE

by Tom Bowley

In the life of a technical analyst, a month seems like a week, a week seems like a day and a day seems like minutes. Time flies and so do the charts and various technical patterns. I think it's always a good idea to periodically take a step back and look at the broader picture... Read More 

ChartWatchers

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CURRENT S&P RALLY HAVE STAYING POWER?

by Richard Rhodes

The July 4th fireworks came a bit more belatedly this year as the S&P 500 rose +4.86% in the holiday shortened week. This performance was rather impressive in terms of points and breadth, but certainly not in terms of volume... Read More 

ChartWatchers

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NEW LONG-TERM SELL SIGNAL GENERATED

by Carl Swenlin

As you can see in our Decision Point Alert Daily Report below our Trend Model has triggered a Long-Term SELL signal for stocks. This occurs when the 50-EMA crosses below the 200-EMA. It has been headed this direction for quite some time so it is not unexpected... Read More 

ChartWatchers

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Gold and silver test support zones

by Arthur Hill

After sharp declines in late June and early July, gold and silver are testing important support zones from their prior lows. The fist chart shows the Gold ETF (GLD) hitting new 52-week highs in late June... Read More