Art's Charts

May 2024

Art's Charts

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Bitcoin Sets Up with Classic Continuation Signal

by Arthur Hill

There is a certain ebb and flow in uptrends. Often we see some sort of stair step higher with big advances and smaller corrections along the way. In Dow Theory terms, the primary trend is up and declines within a primary uptrends are considered secondary price moves... Read More 

Art's Charts

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Six Leaders, but One Is Getting Real Frothy

by Arthur Hill

After sharp declines into mid April, stocks rebounded over the last three weeks and the S&P 500 SPDR (SPY) came within 1% of its March high. This March high acts as a benchmark high that chartists can use to compare performance... Read More 

Art's Charts

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Is this a Dead-Cat Bounce or a Bounce with Legs?

by Arthur Hill

Stocks fell sharply into late April and then rebounded over the last two weeks. SPY fell 5.34% from March 28th to April 19th and then rebounded with a 3.26% gain the last two weeks... Read More