Charts
Chart pattern, indicators, drawing, etc
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/...
Stock Charts: Tight Consolidation Range
June 8, 2022, 10:47 pm EDT Tight Consolidation Range What does it mean when the stock market moves within a tight consolidation range? Technically, having a narrow range of activities like Nasdaq-100 ...
Stock Charts: Rebound Reference During the Downtrend (QQQ)
Does the market hit the bottom? Is this a good time to buy? Or, how far the rebound will reach? Those are important questions...
Stock Charts: From Oversold to Major Sell-off (QQQ)
May 11, 2022, 1:38 pm EDT From Oversold to Major Sell-off (QQQ) What will happen when the markets are oversold for the past 5 weeks? Is the rebound coming? Usually, people expect a rebound after overs...