Charts

Chart pattern, indicators, drawing, etc

Stock Charts: New Low and Major Downtrend (DIA)

September 23, 2022, 12:27 pm EDT New Low and Major Downtrend (DIA) While Dow Jones is making a new 52-week low with -600 points down now, it opens up a possibility for a major downtrend ahead.  Althou...

Stock Charts: Preparation for a New Low & Major Sell-off (SPY)

September 13, 2022, 2:56 pm EDT Preparation for a New Low & Major Sell-off (SPY) The stock market prepares for a new low and major sell-off as shown in the featured chart for the S&P 500 ETF (...

Stock Charts: Trouble Time (SPY)

August 26, 2022, 2:52 pm EDT Trouble Time (SPY) Trouble time is coming to the stock markets. As shown in the featured chart of S&P500 ETF (SPY), key support level at 408 is being challenging and t...

Stock Charts: Pullback Time (SPY)

August 17, 2022, 11:55 am EDT Pullback Time (SPY) After impressive +18% gains for the S&P 500 (SPY) in the past two months, the stock market pulled back today. Technically, it was blocked by its 2...

Stock Chart: Rebound Stalled and Key Support (SPY)

August 9, 2022, 9:22 am EDT Rebound Stalled and Key Support (SPY) Rebound stalled again which is similar to the pattern in June as shown for S&P 500 ETF (SPY).  This rebound has been strong that c...

Stock Charts: Short-term Rebound and Major Obstacles

July 18, 2022, 1:45 pm EDT Short-term Rebound and Major Obstacles Dow Jones rebounded last Friday but it encountered two significant obstacles ahead: 32000: gap-down zone resistance created by 07/10 3...

Stock Charts: Convergence Pattern (SPY)

July 13, 2022, 12:06 am EDT Convergence Pattern (SPY) After about four weeks of the consolidation process, the stock market comes to a critical junction that appeared in the convergence pattern.  As s...

Stock Charts: Multiple Resistance Levels (SPY)

June 24, 2022, 1:17 am EDT Multiple Resistance Levels (SPY) Although there were three days of rebound for the stock markets including nearly +1% gains today, the multiple resistance levels are still d...

Stock Charts: Where Are the Support Levels? 

June 16, 2022, 7:20 pm EDT Where Are the Support Levels?  If you still remember we mentioned on April 22, 2022: “DJIA is at the beginning of much worse bear markets for the next one or two years.” 04/...