Helene Meisler Profile picture
May 13 27 tweets 6 min read Twitter logo Read on Twitter
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 @hmeisler

May 11
Here are some charts worth watching.
(a thread)

CAT Image
DE Image
CMI Image
Read 9 tweets
May 6
Good Saturday Morning Chart Fans!

I realize today's edition is competing with the Coronation of King Charles so the bottom line is: we're still home on the range, can the bulls who showed up Friday change that?
DJIA Image
Transports. Image
Read 27 tweets
Apr 29
Good Saturday Morning Chart Fans!

Most charts find themselves right back at resistance. Just as the FOMC opines. Markets are funny that way, aren't they?
DJIA. This one is for the bulls in the group. Image
Transports. Best we can say is they held support. Image
Read 27 tweets
Apr 22
Good Saturday Morning Chart Fans!

There was not much movement AGAIN this week but it won't stop me from drawing lines on charts!

Reminder that I am not a CMT, I just draw 'em as I see 'em.
DJIA Image
Transports. Image
Read 30 tweets
Apr 15
Good Saturday Morning Chart Fans!

After a week away from the markets I'm not sure much has changed on the charts. Looks like a lot of chopping about.
DJIA Image
Transports. For those Dow Theory fans out there, they are not keeping up with the Industrials. Image
Read 27 tweets
Apr 1
Good Saturday Morning Chart Fans!

Will all those "April is the best month" bulls manage to chew through the resistance?
DJIA
Transports. (sorry for the colorful line below, it just swapped the color on me)
Read 28 tweets

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