Gold •170 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 936.40 | +12.90 | +1.40% | |
WTI Crude •18 hours | 69.46 | +0.08 | +0.12% | |
Gasoline •18 hours | 1.942 | +0.019 | +0.98% | |
Ethanol •170 days | 2.161 | +0.000 | +0.00% | |
Silver •170 days | 30.82 | +1.16 | +3.92% |
Silver • 170 days | 30.82 | +1.16 | +3.92% | ||
Copper • 170 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 17 hours | 72.94 | +0.06 | +0.08% | ||
Natural Gas • 18 hours | 3.748 | +0.164 | +4.58% | ||
Heating Oil • 18 hours | 2.232 | -0.006 | -0.27% |
Contributor since: 26 Feb 2010
Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he was out of the market two weeks before the 1987 Crash in the most recent Bear Market he faxed his Members in March 2000 telling them all to SELL. He is an advanced technical analyst and not an investment advisor, nor a securities broker.
Today we are showing the Banking Index as of Monday's close. The good news was that the Timing indicator was in positive territory. The not…
The predominant trend has not yet shifted to a down trend yet as seen in the chart below that shows 5 key indexes. But, at…
As you know, the economy and a strong Banking system go together. Today, we posted the updated Banking Index chart of the $BKX. When you…
The current VIX Index (Volatility Index) chart is posted below going back to 2015. Please note the following: The long term trend has been down…
Today we are showing a Point & Figure chart of the Banking Index. What I would like you to note is the thick blue trend…
The predominant trend has not yet shifted to a down trend yet as seen in the chart below that shows 5 key indexes. But, at…
The economy and a strong Banking background go hand in hand. How could you have a strong economy with the Banks in big trouble? And…
The current VIX Index (Volatility Index) chart is posted below with 16 months of daily ticks. There are a few things to note on this…
Going by the patterns and nothing else, we have a bullish reversal pattern setting up for the long side ... possibly later in the morning…
The market is showing high volatility and the predominant trend has not yet shifted to a down trend yet as seen in the chart below…
At the close yesterday, the Banking Index showed strength but it was also showing short term weakness that needs to be worked out. The Accelerator…
The current Banking Index chart is posted below. The Banking Index closed at 71.78 with the 30 day C-RSI at a positive level of +9.09…
The Banking Index closed at 72.55 with the C-RSI at a good positive level of +12.03 The Banking Index was above its support line and…
At the close yesterday, the Banking Index showed strength but short term weakness. The pluses were that the Accelerator and Timing indicator were in positive…
The current VIX chart is posted below. Take a look at the VIX since the beginning of July. What you should notice is that the…
The Banking Index closed at 71.61 with the C-RSI at a good positive level of +10.43 The Banking Index was above its support line and…
As we commented last week, without a fully functional Banking system we would be in trouble ... and the economy and the stock market would…
Can the economy still function normally with the Banks in trouble? That is a good reason to follow the banks, because if they get into…
It may be a "wait until Friday" when Janet Yellen speaks as a condition for the market now. As of yesterday, our VIX chart had…
It was only day one and it needs to be tested today due to the high amounts of net Inflowing Liquidity. The reason for mentioning…