Bond players don’t believe the Fed will taper at this time. 
Coming into 2014, yields had just experienced the largest 18-month rally in 30 years! On Jan the 24th, the Power of the Pattern said their was a two-thirds chance bond prices would rally and yields would fall. (see post here)  
Did the rally in yields get overdone over the past year and a half? The Power of the Pattern believed so at the first of this year and this has caused members to be long TLT for months.
The above chart highlights that TLT is reflecting relative strength compared to the S&P 500 this year and could be breaking above a 2-year falling resistance line above. 
It appears many people at the first of this year thought the Fed would start a taper program, pushing rates higher. What’s happened instead? Rates have fallen and TLT could be breaking out.  What might happen to TLT if the S&P 500 would happen to break steep support dating back a few years? Could that impact Janet’s plans???
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Bond players don’t believe the Fed will taper at this time. 

Coming into 2014, yields had just experienced the largest 18-month rally in 30 years! On Jan the 24th, the Power of the Pattern said their was a two-thirds chance bond prices would rally and yields would fall. (see post here)  

Did the rally in yields get overdone over the past year and a half? The Power of the Pattern believed so at the first of this year and this has caused members to be long TLT for months.

The above chart highlights that TLT is reflecting relative strength compared to the S&P 500 this year and could be breaking above a 2-year falling resistance line above. 

It appears many people at the first of this year thought the Fed would start a taper program, pushing rates higher. What’s happened instead? Rates have fallen and TLT could be breaking out.  What might happen to TLT if the S&P 500 would happen to break steep support dating back a few years? Could that impact Janet’s plans???

Kimble Charting Solutions

Russell vulnerable to a large decline says Joe Friday!
The Russell 2000 is up against a 14-year resistance line and might have put in a double top. This chart was sent to Premium Members over a week ago, as members were establishing short positions at the all-time highs in the Russell index, purchasing RWM .
The week following the Russell hits the highs reached in March, this small cap index created a “weekly engulfing bearish pattern” wiping out a months worth of gains, in a week! 
Joe Friday…If the Russell breaks steep rising support line (2), small caps become vulnerable to a large decline.
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Russell vulnerable to a large decline says Joe Friday!

The Russell 2000 is up against a 14-year resistance line and might have put in a double top. This chart was sent to Premium Members over a week ago, as members were establishing short positions at the all-time highs in the Russell index, purchasing RWM .

The week following the Russell hits the highs reached in March, this small cap index created a “weekly engulfing bearish pattern” wiping out a months worth of gains, in a week! 

Joe Friday…If the Russell breaks steep rising support line (2), small caps become vulnerable to a large decline.

Kimble Charting Solutions

Apple hitting 30-year resistance line again…Different results this time?
Two years ago the “Power of the Pattern” pointed out that Apple was hitting a 30-year channel/resistance line at (1). A few months later, the largest company in the world was worth around 30% less.
Now Apple is hitting a parallel channel line at (2) in the chart above. Could a double top be in play too???
I suspect most feel “it will be different this time!” Stay tuned, this could get interesting for both bulls and bears!
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Apple hitting 30-year resistance line again…Different results this time?

Two years ago the “Power of the Pattern” pointed out that Apple was hitting a 30-year channel/resistance line at (1). A few months later, the largest company in the world was worth around 30% less.

Now Apple is hitting a parallel channel line at (2) in the chart above. Could a double top be in play too???

I suspect most feel “it will be different this time!” Stay tuned, this could get interesting for both bulls and bears!

Kimble Charting Solutions

Real Estate & Home Builders at a key inflection point???
Real Estate ETF (IYR) is up almost three times as much as the S&P 500 Year-to-date. This rally has taken IYR up to a falling resistance line, drawn off the 2006 highs. 
The DJ Home Construction Index is rather soft today as it as well is hitting a key resistance line (inset chart). 
A breakout above resistance would be a good sign, as it would be a change from a series of falling highs. We are all aware how important this sector is to most people and the macro economy.
Is Real Estate at a key inflection point? The Power of the Pattern believes it is!
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Real Estate & Home Builders at a key inflection point???

Real Estate ETF (IYR) is up almost three times as much as the S&P 500 Year-to-date. This rally has taken IYR up to a falling resistance line, drawn off the 2006 highs. 

The DJ Home Construction Index is rather soft today as it as well is hitting a key resistance line (inset chart). 

A breakout above resistance would be a good sign, as it would be a change from a series of falling highs. We are all aware how important this sector is to most people and the macro economy.

Is Real Estate at a key inflection point? The Power of the Pattern believes it is!

Kimblechartingsolutions.com