SPY is approaching a key resistance. With bearish divergences visable.
by Stock_Man69420
divergences
Party Like 1999 & 2000 or respect bearish divergences?
by Kimble Charting CLICK ON CHART TO ENLARGE This 4-pack looks at the DJ Home Construction, Banks, Junk Bonds and the S&P 500, highlighting that bearish divergences took place in 1999 and 2007 at each (1). These assets were sending bearish …
Bearish Divergences Becoming Common Place, Similar to 2007
by Kimble Charting We did an earlier chart reflecting that home builders are diverging similar to 2007. Housing is a critical component to the economy and stock market, as we found out a decade ago. And unfortunately, current housing market concerns don’t end …
Is The Nasdaq Market Ride Over? Watch Those Divergences!
by Kimble Charting The latest leg higher in the bull market (off the 2016 lows) has been lead by the Technology sector and Nasdaq Composite. FANG stocks (Facebook, Amazon, Netflix, Google) have given the Nasdaq an extra burst of momentum, helping to create a self-fulfilling …