June 2015 – The Art Of Chart

Month: June 2015

Video Update of Market Action – June 29th 2015

Following up on two recent posts in the last few weeks - Russell 2000 - A Turn is Brewing?? and? S&P 500 - Sign Posts of the Coming Correction? - both are playing out as expected.?Here is?a?quick video update and a few charts: [embed]https://vimeo.com/132601080[/embed] Hopefully the video is a useful update to the articles.?It specifically...

Russell 2000 – A Turn is Brewing

As mentioned inÂ my previous post,Â S&P 500, Sign Posts of the Coming Correction ,Â indexes are setting up for a downdraft through mid-July.Â Here is what the charts are saying about the Russell: [caption id="attachment_3786" align="aligncenter" width="660"] Russell 2000 Monthly[/caption] Russell 2000, Monthly Chart - A few big picture notes: 1. RSI Monthly Price Cycle break...

S&P 500 – Sign Posts of the Coming Correction (REPOST FROM JUNE 19)

Anytime someone mentions a correction in the S&P's usually traders associate it with a crash or some bold prediction some pundant makes to get attention. This post is neither of these, just some simple charts showing signs that a downturn is looming and perhaps will begin in days. Listen to your charts, here's what mine...

Bonds – A Short Term Perspective

Bonds are a technical trade. If you have a decent approach to technical analysis, you can make money on a consistent basis trading Bonds. On Chart Chat every Tuesday (our video review of the markets), Jack and I compare notes each week across a number of charts. Our Bond work has been absolutely impressive. We...

How Sweet It Is

[caption id="attachment_3726" align="aligncenter" width="741"] Weekly Chart of Sugar[/caption] Simple charts with sweet setups like this are hard to come by. The weekly chart of sugar is nearing a significant turn showing clear RSI divergence on a weekly and daily basis. The weekly chart shows we are in the 5th wave down, with w-x-y-x complete and...

Chart Chat – A Brief History and Overview

If you are new to?The Art of Chart?and our weekly videos called Chart Chat, this post is for you. In October 2014, Jack and I began a weekly live video review of the futures market. We cover an hour of Indexes, Energies, Currencies, Bonds, Precious Metals and Commodities every Tuesday. Below is a set of...

Introducing TheArtOfChart.net by Stan Nabozny and Richard Chappell aka Springheel Jack

Since early?2014 I have collaborated with another chartist called Stan Nabozny at?Princeton Trader forecasting moves on equities/stock indices, bonds, forex, energy, precious metals, and assorted other instruments and commodities. A very significant and increasing part?of the background behind the work that I have published since at my blog www.channelsandpatterns.com has been based on this collaboration,...