Dune AnaIytics Profile picture
May 13, 2023 27 tweets 6 min read Read on X
Good Saturday Morning Chart Fans!

Not much changed on the charts from last week but I did try to draw in some new lines. The biggest move last week that is MIA in equity-land: the buck. My patience has been rewarded.
DJIA Image
Transports Image
Utes. Image
SPX. A few weeks from now the chart will look different because we drop (on a 1 yr chart) that high at 4200 from June 2022 (arrow) Image
Naz. Has same issue as SPX with that high from June a year ago. Image
IWM. Despite the horrible performance of smalls, 170 hasn't broken yet. Image
QQQ Image
QQQJ. Gann Lovers will focus on the blue lines. Image
SOX Image
Bank Index. Image
XLI Image
XBI Image
XLE Image
OIH Image
ITB Image
XME Image
PEJ. Take note it could not breakout and has had a rough May so far. Image
EEM Image
GLD Image
XLP Image
XLV Image
Bondaleros. Yield on 10 yr. Has become so narrow. Image
DXY. Image
McClellan Summation Index. Still heading down. Image
Citi Panic/Euphoria back into Panic. Image
Insiders. Image

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More from @DuneAnaIytics

Nov 11, 2023
Good Saturday Morning Chart Fans!

Were those breakouts on Friday or rallies to resistance?
DJIA. Been in a trading range for a year, with two quick trips outside. Image
Transports. I expected more considering oil's move. Image
Read 25 tweets
Nov 4, 2023
Good Saturday Morning Chart Fans!

The bears will see resistance overhead. The bulls will say, if we pullback from here, won't we form (on some charts) h/s bottoms?
Reminder: this is art, not science.
DJIA Image
Transports Image
Read 26 tweets
Oct 28, 2023
Good Saturday Morning Chart Fans!

The fan lines are spreading from just a few charts last week, now they are everywhere.
DJIA Image
Transports. Image
Read 26 tweets
Oct 21, 2023
Good Saturday Morning Chart Fans!

What can we say except this will be an interesting week in the markets?
DJIA. Fan lines developing. Image
Transports. Image
Read 25 tweets
Oct 7, 2023
Good Saturday Morning Chart Fans!

Not even sure how to sum up the week so let's just get to the charts!
DJIA Image
Transports. Weak bounce off that line. For now. Image
Read 28 tweets
Sep 30, 2023
Good Saturday Morning Chart Fans!

I suppose we could say last week was a Chop-fest (h/t @followtheh ) but there was some interesting movement behind the scenes.
DJIA Image
Transports. Image
Read 27 tweets

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