Off the Charts

Technical analysis of chart action.

Stock Market Update Charts – Week of 4/20/20

Following are several charts you can use as a visual reference for @mwebster1971‘s Weekend Stock Market Update for the week of 4/20/2020.

The first chart is the 30,000 foot view of the week’s action. The second chart shows the technical action more in detail. You can follow the discussion on Twitter at the bottom of the post.

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Stock Market Update Charts – Week of 04/13/20

I’ve created the following two charts to accompany Mike Webster’s Weekend Stock Market Update: Coronavirus Bull Market Powers Higher, which is published weekly on Investors.com.

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Stock Market Update Charts – Week of 04/06/20

Below are two graphics to accompany Mike Webster’s IBD Weekend Stock Market Update: Tom Petty’s ‘Won’t Back Down’ FTD. The focus of the charts is to highlight the technical action throughout the week.

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Stock Market Update Charts – Week of 03/30/20

Below are two graphics to accompany Mike Webster’s IBD Weekend Stock Market Update: Belated April Fool’s Follow-Through Day. The charts depict the week’s technical action using Mike’s article as a guide.

The first image is the 30,000 foot view of the week’s action:

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Stock Market Update Charts – Week of 03/23/20

Stock Market Update: It’s A Long Way To The Top, written by Mike Webster, was published today on Investor’s Business Daily. I’ve created the following image to depict the week’s activity using Mike’s article as a guide.

Stock Market Update Charts – Week of 03/16/20

Stock Market Update: Fear, Volatility and George Costanza?, written by Mike Webster, was published today on Investor’s Business Daily. This weekly article is an excellent overview of the technical action for the past week.

I’ve created a summary of the article in the chart below: