Author Archive for kimblechartingsolutions

Gold Peaking As This Indicator Hits 8-year Resistance?

Courtesy of Chris Kimble.

The Gold rally in June was very impressive. Is the bear market in Gold over? Many are of the opinion a major breakout in Gold has taken place. What this indicator does at current levels could go a long way to seeing if the rally in June will continue into July!

The chart looks at the Gold/US Dollar ratio on a weekly basis over the past 9-years. The ratio for the past 8-years has created a series of lower highs, something that Gold bulls would love to see change.

The ratio has created a series of lower highs below line (A) since early 2013. The ratio has attempted a few times to break above this line with no success.

A few time the ratio’s momentum indicator was lofty and the ratio peaked near each (B).

Currently, the ratio is testing falling resistance at (1) as momentum is lofty at (2). In the past Gold peaked when these conditions were present.

Will it be different this time? Gold bulls sure hope so!!!

If staying on top of conditions and opportunities in the metals market (Gold, Silver, Copper, and Miners) are of interest to you, you would benefit from being a Metals member or a Weekly Combo Member. Check out details HERE-

To become a member of Kimble Charting Solutions, click here.





Investment Grade Bonds Could Be Peaking, Says Joe Friday

Courtesy of Chris Kimble.

Are investment grade bonds peaking? Some conditions suggest its possible, says Joe Friday!

This chart looks at Investment Grade Bond ETF (LQD) over the past 10-years. LQD has moved sharply higher since the lows in December of 2018.

The rally has LQD testing its 2015 and 2016 highs. While testing these highs its optimism index is near its highest level in the past 10-years at (1).

While it is testing old highs and optimism is high, its RSI reading is now at the highest level in over a decade.

Joe Friday Just The Facts Ma’am; Conditions (price, sentiment & momentum) are at rare levels that suggest LQD could be near a short-term high.

To become a member of Kimble Charting Solutions, click here.





Metals Bulls Need This Indicator To Turn Up, To Confirm Recent Gold Rally

Courtesy of Chris Kimble.

This chart looks at the Silver/Gold ratio over the past 25-years. Historically bullish investors in Gold & Silver receive a positive message when this ratio is heading higher. When the ratio is heading lower, historically rallies in Gold often times have been short-lived.

The trend since the 2011 highs has been down, as the ratio has created a series of lower highs and lower lows. The decline over the past 8-years has the ratio at the lowest level in the past 28-years, as it is testing the 1992 lows at (1).

Even though Gold has moved up this month, the ratio has continued to move lower, reflecting Silvers weakness to Gold.

This weakness is of some concern to bullish metals investors as the month is nearing a close.

Bullish metals investors would receive “Happy News” from this ratio if it rallies off the 1992 lows! 

To become a member of Kimble Charting Solutions, click here.





Metals Bulls Praying This Indicator Does Not Peak Here!

Courtesy of Chris Kimble.

Gold has been strong of late as the US Dollar has been weak. This combo has driven the Gold/Dollar ratio to a key price zone and momentum level, that looks to be important to metals bulls.

This chart looks at the Gold/Dollar ratio over the past 6-years. The long-term trend is down, while the trend over the past 3-years is pretty much flat (sideways trading range).

The rally of late has the ratio testing the 2018 highs as well as its 38% Fibonacci retracement level of the 2012 highs/2015 lows at (1).

While testing these key levels at (1), momentum is currently the highs since the 2017 highs. The bullish case for metals is facing an important breakout/resistance test at (1).

One thing is for sure, metals bulls have their fingers crossed that a lower high peak does not take place at current levels.

If the ratio breaks above resistance at (1), it would send a bullish message to metals they haven’t received in years!

To become a member of Kimble Charting Solutions, click here.





Wilshire 5000 Creating A Triple Top? An Important Breakout Test Is In Play!

Courtesy of Chris Kimble.

The stock market has been on fire of late, rallying up to the edge of price resistance on several indexes. Today, we look at one of those stock market indexes: the Wilshire 5000.

The Wilshire 5000 tracks all of the stocks in the US market, so it is a broad-based index that carries significant importance when gauging the health of the overall US stock market.

Looking at the long-term “weekly” chart above, it is pretty clear that the index is at an important price juncture.

The Wilshire 5000 spent the last 25 years trading within a rising price channel (1). It tested the top of that price channel at (2), creating a large bearish reversal candle in September of 208, that lead to a steep decline in year-end. It then retested that level in April, where it failed to breakout again.

This broad-based stock index is currently testing last fall’s highs at point (3). This comes at the same time that momentum is testing its downtrend line.

The bullish case for stocks DOES NOT want this broad index to be creating a triple top.

Stock bulls would receive wonderful price news if this broad index succeeds in breaking out at (3).

An important inflection point is in play for one of the broadest of all stock indices in the states at this time!!!

This article was first written for See It Markets.com. To see the original post, CLICK HERE.

To become a member of Kimble Charting Solutions, click here.





Gold / US Dollar Ratio Attempting 8-Year Breakout

Courtesy of Chris Kimble.

Gold has been red-hot of late, raising the hopes of precious metals bulls. After several failed rallies, is Gold (NYSEARCA: GLD) finally ready to breakout?

One ratio that I like to follow to monitor precious metals is the Gold to US Dollar ratio.

As you can see in the “monthly” bar chart above, the Gold / US Dollar ratio has been trading in a multi-year narrowing pennant pattern, with support at (1) and resistance at (2).

The ratio is working on a breakout above the 8-year falling resistance line at (3).

A breakout here would be huge for precious metals bulls… and could be the start of a larger rally if it holds.

This post was first written for See It Markets.com. To see original post CLICK HERE.

To become a member of Kimble Charting Solutions, click here.





Interest Rates Could Bottoming After 35% Decline, Says Joe Friday

Courtesy of Chris Kimble.

Are interest rates near a short-term low? Possible!

This chart looks at the Yield on the 10-year note (TNX) over the past 15-years. The lower part of the chart measures the 35-week performance of TNX.

Five different times over the past 10-years, yields have declined around 35% in 35-weeks at each (1). Yields were closer to short-term lows than highs when this large of a decline took place at each (1).

Joe Friday Just The Facts Ma’am; Yields are testing 2017 lows at this time, after a 35% decline in the past 35-weeks. Over the past 10-years, yields were closer to short-term lows when these conditions were in play.

A very important support test is currently in play at the 2% level. If this support fails to hold after such a large decline, bonds are suggesting the odds of an economic slowdown is high.

To become a member of Kimble Charting Solutions, click here.





Silver; Multi-Year Bull Market Getting Started?

Courtesy of Chris Kimble.

Is a multi-year bull market about to start in Silver? We should find out soon!

This chart looks at Silver since the early 1970s. It has spent the majority of the past 35-years inside of rising channel (1).

It created a series of flat bottoms and lower highs in the late 1990s. When it broke out at (2), it rallied for years to come, where it gained several hundred percent.

Silver hit the top of this channel back in 2011 at $50, where a long-term bear market started. The 65% decline over the past 8-years has it testing the bottom of this multi-decade channel and its 23% retracement level of the low at $3.50 and high of $50. While testing the 23% level, it has created a series of level lows and lower highs.

Silver looks to be creating a pattern similar to the lows back in 2001 when it was creating a base to start a multi-year bull market from.

If Silver breaks above heavy resistance at (3), it is possible that it could be starting a new leg higher, similar to the breakout in 2002!

Keep an eye on falling resistance, as it is the first short-term key to proving if Silver is about to start a new “Hi-Yo Silver” rally.

To become a member of Kimble Charting Solutions, click here.





Interest Rates Bottoming On Fed Decision Day?

Courtesy of Chris Kimble.

This afternoon the Fed will announce if they are going to lower interest rates. Does the bond market already have a rate decrease priced into the market? Possible!

This chart looks at the yield on the 10-year note over the past 20-years. Without a doubt, the long-term trend of lower highs remains in play.

Rates have declined over 35% since hitting 20-year falling resistance, that came into play in October of 2018.

The decline has rates testing rising channel support and the 2017 lows this week at (1). While dual support is being tested, weekly momentum is hitting the lowest level in the past 8-years!

If the Fed lowers interest rates today, is it possible that rates are actually ahead of the Fed, which puts them near short-term lows? Yes

Keep a close eye on what yields do this week as they could send a very important price message about where rates are headed in the short-term.

To become a member of Kimble Charting Solutions, click here.





Consumer Staple and Yields about to send key message to stocks?

Courtesy of Chris Kimble.

Could the Staples sector and the yield on the 10-year note be on the verge of sending an important message to the stock and bond markets? It sure looks that way.

Staples ETF (XLP) is currently attempting to break above the January 2018 highs at (1). If it does, it would be a breakout of the trading range that has been in play for the past 18-months, as it looks to have created a double bottom last year.

The yield on the 10-year note (TNX)  has declined nearly 35%, since peaking in October of 2018. The large decline in yields has TNX currently testing the 2017 lows at (2).

What would stock bulls love to see? Most likely a breakout by XLP at (1) and a rally by TNX off support at (2).

What would be of concern to stock bulls? A peak in XLP at (1) and a breakdown of support at (2).

In my humble opinion, the next big move by XLP and TNX will send very important messages to the stock and bond markets!

To become a member of Kimble Charting Solutions, click here.





 
 
 

Phil's Favorites

Why are Atlantic and Gulf coast property owners building back bigger after hurricanes?

 

Why are Atlantic and Gulf coast property owners building back bigger after hurricanes?

Surf threatens beach houses on Dauphin Island, Alabama, September 4, 2011 during Tropical Storm Lee. AP Photo/Dave Martin

Courtesy of Eli Lazarus, University of Southampton and Evan B. Goldstein, University of North Carolina – Greensboro

U.S. coastal counties are densely populated and extensivel...



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Zero Hedge

Russian And South Korean Fighter Jets Face Off In "Mid-Air Confrontation"

Courtesy of ZeroHedge. View original post here.

For the first time since the fall of the Soviet Union, Russian jets flying through South Korean airspace provoked the South Korean military into a "midair confrontation" that involved firing hundreds of warning shots. All told, South Korean jets fired 360 machine-gun rounds and at least 20 flares, Bloomberg reports.

Three Russian military planes (two Tu-95 bombers and one A-50 airborne early warning and control aircraf...



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Insider Scoop

The Daily Biotech Pulse: Acadia Schizophrenia Drug Fails, Viveve Plummets, Eisai Gets Breakthrough Therapy Designation

Courtesy of Benzinga.

Here's a roundup of top developments in the biotech space over the last 24 hours.

Scaling The Peaks

(Biotech stocks hitting 52-week highs on July 22)

  • Acasti Pharma Inc (NASDAQ: ACST)
  • Apellis Pharmaceuticals Inc (NASDAQ: APLS)
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Kimble Charting Solutions

Is Crude Oil Sending a Bearish Message to the Stock Market?

Courtesy of Chris Kimble.

Crude Oil (NYSEARCA: USO) and the S&P 500 Index (INDEXSP: .INX) have peaked and bottomed together several times in the past 9 months. See points (1) and (2) on the chart above.

In summary, the correlation between Oil and the stock market has been quite interesting and demands investors attention.

Crude Oil has been creating lower highs of late and is breaking price support at (3).

If the correlation remains the same, Crude Oil may very well be sending a bearish message to stocks.

Tricky spot for active investors – careful here.

...

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Chart School

RTT Plus Chart Book (Sneak Peak)

Courtesy of Read the Ticker.

The magic of support and resistance channel lines and how they direct price. Here are some chart disclosed to members via the RTT Plus service. All charts are a few weeks old. 


XAU bound by parallel channel lines.


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Newmont Mining support from Gann Angles.



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US Dollar index (DXY) dominate cycle ...

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Digital Currencies

Cryptos Suddenly Panic-Bid, Bitcoin Back Above $10k

Courtesy of ZeroHedge. View original post here.

Following further selling pressure overnight, someone (or more than one) has decided to buy-the-dip in cryptos this morning, sending Bitcoin (and most of the altcoins) soaring...

A sea of green...

Source: Coin360

Bitcoin surged back above $10,000...

Ethereum bounced off suppo...



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Biotech

DNA testing companies offer telomere testing - but what does it tell you about aging and disease risk?

Reminder: We're is available to chat with Members, comments are found below each post.

 

DNA testing companies offer telomere testing – but what does it tell you about aging and disease risk?

A telomere age test kit from Telomere Diagnostics Inc. and saliva. collection kit from 23andMe. Anna Hoychuk/Shutterstock.com

Courtesy of Patricia Opresko, University of Pittsburgh and Elise Fouquerel, ...



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ValueWalk

Professor Shubha Ghosh On The Current State Of Gene Editing

 

Professor Shubha Ghosh On The Current State Of Gene Editing

Courtesy of Jacob Wolinsky, ValueWalk

ValueWalk’s Q&A session with Professor Shubha Ghosh, a professor of law and the director of the Syracuse Intellectual Property Law Institute. In this interview, Professor Ghosh discusses his background, the Human Genome Project, the current state of gene editing, 3D printing for organ operations, and gene editing regulation.

...

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Members' Corner

Despacito - How to Make Money the Old-Fashioned Way - SLOWLY!

Are you ready to retire?  

For most people, the purpose of investing is to build up enough wealth to allow you to retire.  In general, that's usually enough money to reliably generate a year's worth of your average income, each year into your retirement so that that, plus you Social Security, should be enough to pay your bills without having to draw down on your principle.

Unfortunately, as the last decade has shown us, we can't count on bonds to pay us more than 3% and the average return from the stock market over the past 20 years has been erratic - to say the least - with 4 negative years (2000, 2001, 2002 and 2008) and 14 positives, though mostly in the 10% range on the positives.  A string of losses like we had from 2000-02 could easily wipe out a decades worth of gains.

Still, the stock market has been better over the last 10 (7%) an...



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Mapping The Market

It's Not Capitalism, it's Crony Capitalism

A good start from :

It's Not Capitalism, it's Crony Capitalism

Excerpt:

The threat to America is this: we have abandoned our core philosophy. Our first principle of this nation as a meritocracy, a free-market economy, where competition drives economic decision-making. In its place, we have allowed a malignancy to fester, a virulent pus-filled bastardized form of economics so corrosive in nature, so dangerously pestilent, that it presents an extinction-level threat to America – both the actual nation and the “idea” of America.

This all-encompassing mutant corruption saps men’s souls, crushes opportunities, and destroys economic mobility. Its a Smash & Grab system of ill-gotten re...



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OpTrader

Swing trading portfolio - week of September 11th, 2017

Reminder: OpTrader is available to chat with Members, comments are found below each post.

 

This post is for all our live virtual trade ideas and daily comments. Please click on "comments" below to follow our live discussion. All of our current  trades are listed in the spreadsheet below, with entry price (1/2 in and All in), and exit prices (1/3 out, 2/3 out, and All out).

We also indicate our stop, which is most of the time the "5 day moving average". All trades, unless indicated, are front-month ATM options. 

Please feel free to participate in the discussion and ask any questions you might have about this virtual portfolio, by clicking on the "comments" link right below.

To learn more about the swing trading virtual portfolio (strategy, performance, FAQ, etc.), please click here ...



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Promotions

Free eBook - "My Top Strategies for 2017"

 

 

Here's a free ebook for you to check out! 

Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

Some other great content in this free eBook includes:

 

·       How 2017 Will Affect Oil, the US Dollar and the European Union

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About Phil:

Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

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Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

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