@theequilibrium is a true master of the chart game. In my mind, he is one of the best chartists to learn from due to the style in which he undertakes marking his charts. His background in Architecture is clearly evident, and I personally look at every chart he posts. -Alamo-
Charting Under the Stars: Real Estate [...]

Nightly late-night chart review sessions on twitter and Chart.ly.  Follow me on twitter @theEquilibrium.
Amazon.com, Inc. (NASDAQ) – trying to break primary weekly downtrend res.- may run near top of channel – tho watch doji on daily

American Express Company (NYSE) – daily: pulling back to 62.8% Fib and new support at 28.50-ish – watch possible MACD [...]

Equities Edition
Week of July 20-24, 2009
CAPITAL MARKETS COMMENT
What a week for the equity markets. Global equity indices skyrocketed higher last week, with both the broad market S&P 500 index and the S&P/TSX Composite index gaining more than 6% — the greatest one-week gain in global equity markets since they “bottomed” in early March.
The gains were [...]

What caused the sudden and precipitous drop? The economic data, once again, was horrendous: the unexpected drop in last Tuesday’s Conference Board Consumer Confidence report provided the preamble; Thursday’s non-farm payroll number showing the US economy lost some 130,000 more jobs than expected proved to be more than any green-shoot theorist bulls (or more importantly for purposes of the ensuing discussion, supplemental liquidity-providing proprietary program traders) could handle.

Today’s State of the Chart focuses on the finnies – specifically the XLF.  I’ll chart this ETF in three time frames: weekly, daily, and 60 minute – starting with the weekly.

This chart is the most important of the series, in my opinion.  The weekly symmetrical triangle that has formed just below strong resistance is a [...]