The Chart Report

look ma, i made it to the @TheChartReport feed 🙏🙏

@NirAoo7 Our pleasure!

@TheChartReport thanks!

The Mag Seven have broken below their pivot lows that held for the past several weeks. @NirAoo7

Energy is rapidly outperforming Big Tech in a way that mirrors the major market shift seen in late 2021. @nullcharts

Recent Fed interest rate decisions have consistently marked local peaks for the Nasdaq 100. @BeardoTrader

@cfromhertz You had a variety of great charts today, thanks for sharing!

@TheChartReport Thank you very much! I like the $RSPT chart better! but again thanks for including me

Today's Chart of the Day was shared by @cfromhertz Coal stocks have come a long way, from the KOL ETF delisting in 2020 to new all-time highs today. Get the full details in today's report plus more great charts. thechartreport.com/03-19-26

@McClellanOsc Of course Tom, feedback from a legend like yourself is always appreciated.

@TheChartReport I appreciate that you took my response in the constructive way in which it was intended.

The problem with doing this is the assumption that up and down are the same in the stock market. They are not. The stock market tends to make spiked bottoms and rounded tops. This is the opposite of gold, which makes spike tops and rounded bottoms. The reason why this happens has to do with the nature of panic. People panic out of stocks and into cash, hence the spike bottoms in stocks. But people panic out of cash and into gold, hence gold's spike tops. Different markets have different chart personalities. For this reason, charts for each type of market need to be interpreted with an understanding of that market. Interpretive principles do not generally transplant well from one type of market to another because of that difference in their inherent natures.

While I don’t love the implications - this is an excellent exercise.

When in doubt, invert it out. These charts look like some nice bases when you flip them upside down. Read the full note in today's Morning Print. thechartreport.com/TheMorningPrin…

NOT a trading "system." BUT a simple and very useful weight of the evidence market filter IMO.

@BackFromMargin Thank you!

Great charts here !

After a big breakout above the prior cycle highs, Emerging Markets are now testing whether old resistance will hold as new support. @JC_ParetsX

Bitcoin’s lack of follow-through on a bullish setup is beginning to mirror its breakdown from earlier this year. @davevermilion

The tight correlation between the Bloomberg Commodity Index and PPI inflation has decoupled recently. @Convertbond

When bond yields start gaining upward momentum, equity returns tend to diminish. @granthawkridge