Archive for month: March, 2015
Whats In A Number?
/51 Comments/in Premium /by Alex - Chart FreakWhats in a number? I dont know, but I had mentioned back in mid Feb that the NASDAQ may pullback and could even test that break out , but probably not until it tags the big round number 5000. Why? Apparently, It's just part of the game
NADAQ MARCH 3
SO are we about to pullback 200 points to test the break out, or ride the 10sma again?...
Read MorePutting It Together
/29 Comments/in Premium /by Alex - Chart FreakNot a lot has changed from the weekend report, so lets review the charts.
Nasdaq March 2
Certainly has had the bullish follow thru that I expected, right to 5000. Is it going to continue though?...
Read MoreWhat’s On The Radar?
/2 Comments/in Public /by Alex - Chart FreakIf you've been reading my posts here for a while, then you know that we caught some large Moves in Miners Dec through Jan rising out of their bases. When that move topped out, we switched to Energy from the end of Jan through Feb. While OIL sold off relentlessly, many of the energy stocks were forming sweet looking bases ( please see prior reports if you are new here. ). With both of those sectors, I have also kept an eye on the SPX, NASDAQ, NATGAS, etc. So what has caught my attention lately?
On Feb 24 - I called a likely temporary bottom in Gold using the charts below.
GOLD is in a squeeze with spikes along the bottom. This is a bullish set up
This next chart showed that GOLD was on a supporting trend line...
Read MoreLets Wrap It Up!
/34 Comments/in Premium /by Alex - Chart FreakSince I have 32 charts in this wkend report, lets just get right to the weekend wrap up and discuss future possibilities, shall we?
Feb 25 - I felt that the NASDAQ is close to a 'rest' here or near 5000, and then pull back.
Does that mean it's done and going to fall apart, or just a small pullback, maybe even sideways move ?...
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