Archive for month: February, 2016
PUBLIC POST – A GOLD REPORT
/11 Comments/in Public /by Alex - Chart FreakI am currently doing several studies with very bullish implications for the GOLD & SILVER market. Some areas that I have been tracking for months have been published here in the public area too. Right now I see things that indicate that we could be very close or, or even experiencing the bear Market Lows, and I will be writing about it in my weekend report. Yes, I know that everyone is waiting for sub $1000 gold to buy, but everyone doesn't always get what they want in the markets, do they? Could it be that they will be left behind, waiting? No Bias, No Gold Bug Fever, No Emotions, my report will cover just some facts. Let me explain...
.
Notice this interesting occurrence for a change
.The HUI has had bear mkt rally after bear market rally since 2012, but each 'cycle' could not surpass the last one from low to high. Lower highs and lower lows is a down trend. THIS CHART is a first, and it is just 1 sign of change to cheer about. We'll zoom in...
HUI CLOSE UP
Please read on...
Read More
Something To Cheer About
/70 Comments/in Premium /by Alex - Chart FreakYes , It's a Supberbowl weekend in the U.S., but there is something more to cheer about. I am currently doing several studies with very bullish implications for the GOLD & SILVER market. My readers know several of the things that I've been tracking for months, and there are other areas that I look into also. Right now I see things that indicate ... Well, I'll leave that for the weekend report. Right now look at these 2 charts.
.
The HUI has had bear mkt rally after bear market rally since 2012, but each 'cycle' could not surpass the last one from low to high. THIS CHART is a first, and it is just 1 sign of change to cheer about.
HUI CLOSE UP
My weekend report will likely be released by late Sunday night or Monday morning, and it will be filled with facts that will build your confidence that finally we could be seeing the Bear Market Lows, expectations, price projections, etc. : )
Lets look at some of our trade ideas for now....
Read MoreIs That Toast You Have There?
/72 Comments/in Premium /by Alex - Chart Freak2 Charts of the $USD - Can you believe that I drew this drop in the dollar a week ago? It was based on the first drop that took place in early December. Lets look at the dollar as of yesterday.
$USD Wednesday - This may be a piece of toast and what might that do for Gold?
Let me give you a quick idea ...
Read MorePUBLIC REPORT : Is Silver Really A The Weak Link?
/16 Comments/in Public /by Alex - Chart FreakI am not what many consider to be a Perma Gold Bull, but I do expect a 3rd phase of the 2000 Gold run to take place and end in a spectacular blow off top phase. That being the case, I also watch intently when we get these bear market lows for signs of a bigger picture change. Lately I am hearing that “Silver is weak”. “Silver cant get out of its own way. It is setting up to plunge now.” I’ve been discussing these lows and successfully trading them for weeks now. Is that the way I see current conditions? Is Silver really the weak link? Not the way I look at things. To the charts…
.
Looking at GOLD first may help us with Silver
.
GOLD – 2 charts – Chart 1 – Lets take a look at Gold when it bottomed back on December 4th. I identified the lows with a weekly Bullish shake out ( And a few other daily charts showed further confirmation of lows).
Chart 2 – As Gold meandered at lows, I constantly heard “Gold is weak . It cant even rally. We are going to plunge to $1000. I am going short.” I pointed out that a Triangle was forming at the lows and mentioned how these often deceive people as a weak. They then break out higher (See the left side of the chart).
GOLD- It wasnt ‘weak’, it broke out but Miners broke down. Many said that is very bearish, so…
To add confidence to our recent lows, I pointed out a triangle that I remember trading in 2012. It was VERY TRICKY. Gold broke out and Silver & Miners broke down, just like in January. Soon Both ran quickly higher leaving many behind ( Afraid of the weak Gold, Silver, & Miners).
PLEASE NOTICE THAT GOLD WAS CLIMBING from MAY – AUG. WHAT WAS SILVER DOING?
SILVER fooled people into thinking that it was “Weak?” Gold was rising in May , June, July, Aug with higher lows , but Silver was not. Notice the triangle though.
SILVER – This is how I was viewing Silver recently, while GOLD took off and silver “looked weak” to many. Did you read that too? In my premium reports, I was saying to expect Silver to POP higher soon.
This is my SILVER chart in my premium report this morning. Set up to break down? Weak?
My Jan 15 chart – This is why I tell my readers that I think Silver will continue higher. I use a special indicator that is lining up as expected. The pattern of Basing & then the surge happens , even in bear market rallies. We’re basing, how about the pop? 🙂
GDX Tuesday – On day 10 and at resistance, it is strong but stalled for a moment. Can it break out?
The possibility of a bullish GDX break out is helped when we look at other miners. ABX didn’t hold back at resistance of the 200sma. 🙂
DRD – See HMY, SBGL also. Many Miners are moving higher. Can you imagine this happening in GDX / GDXJ? It is possible in my humble opinion, when the tide finally turns in phase 3 of the Gold Bull. Huge % gains will be made by those that know what to look for.
Yesterday I posted the bullish set up in PLM, after someone asked me to keep an eye on it last fall.
It broke out . I think it could have a lot more upside, with a possible target being the former high volume highs getting tested.
Yesterday when many Miners were selling off a little, we saw another small Junior breaking out over the 200sma. This is encouraging to the overall big picture. I am starting to wonder how quarterly earnings will be for many miners with OIL & NATGAS holding at lows for so long now. Much of the cost of Mining is due to energy – so low costs can add to their profitability .
MUX – Have you seen this one lately? It was a BUY at $1.00. Its at $1.37 today.
.
So is SILVER still looking weak and ready to break down to you? Sure, in these markets anything can happen, so we use stops, but I hope I was able to give you another way of looking at it. By researching similar chart patterns in the past, we see BULLISH probabilities in Silver .
.
And what about that BIG PICTURE? Is it shaping up at all or still just looking ugly like an ugly bear market.
.
HUI is on support and has been consolidating there for 6 MONTHS. A break out higher will eventually bring us the best trading that we’ve seen in years. I have been there in 2000-2008 and 2009 to 2012. Look at 2008 – 2012 on the chart below. $150 to $630+.
.
I believe we are close to some very profitable trading for years to come. Thanks for being here!
.
If you think that getting a second set of eyes on the markets would help you with your trading, why not sign up and try it for a month at $37.95? You get access to all of my past reports and future reports for the month. I think the 2 weekend reports that I posted this past weekend alone may have been worth that. It added confidence in the Silver set up. 🙂
.
To sign up, click here and scroll down
.
If you do sign up, I recommend reading the last weekend reports as well as yesterday and today .Thanks for being here!
~ALEX
Never A Straight Path
/56 Comments/in Premium /by Alex - Chart FreakThe twists and turns of the markets continue. There is so much going on , that this is like a weekend report, with 22 charts. Lets take a closer look.
.SPY - After hitting some overhead resistance , yesterdays sell off remains within acceptable parameters, however...
The BANKING INDEX still looks ugly.
This is GS for example.
Will markets keep rising with an ugly banking sector? Lets dig deeper...
Read More2-2-2016 – Lets Check This Puppy Out
/81 Comments/in Premium /by Alex - Chart FreakIt has only been 1 trading day since the 2 weekend reports were released, but we can still check this puppy out and see if everything is as expected. To the charts!...
SPX - The markets sold off, but were bought back as the day ended. We still have plenty of time for upside to continue.
Read MorePublic Report – Precious Metals Activity
/in Public /by Alex - Chart FreakWhen I drew this chart in December, I was pointing out that I expected the Markets to be topping and Precious metals to possibly be bottoming. Notice how the 2000 top in the SPX coincided with Miners bottoming. Also notice how much that 2000 top looked like the markets in December.
.Well, we certainly did see the markets drop though out almost all of January.
We had a 6 week believable rally out of the summer crash that got the Bulls long again. I expect that we may something similar now. But can we say that Miners bottomed, at least temporarily?
Lets look at Precious Metals
Read MorePart 2 – They Bought Something, Did You?
/35 Comments/in Premium /by Alex - Chart FreakOver the past few weeks , there have been a lot of buying opportunities. Long precious Metals, ETFs that allow you to Short the markets, etc. I have about about 50 more charts (in addition to Part 1 of this weekend report) to further discuss the buying opportunities currently forming. To the charts ...
.When The NASDAQ back tested that break...
You could have bought TQQQ low risk at $80 with a stop right below the lows. Since I think there is more upside, it is still a buy if you ask me. Especially if we get a dip in the markets. See also ETFs like UPRO, SOX, AND TNA
There is much more...
Read MoreContact Us
26 Broadway,
8th Floor
New York, NY 10004
admin@bigleaguefinance.com
admin@bigleaguefinance.com
Latest Blog Posts
accelerator diet pills goji berry diet pills ultra 90 diet pills keto meal replacement bar top weight loss diet pills for thyroid patients where to buy t lite diet pills keto friendly thickener diet fuel diet pills peanuts keto friendly rite aid diet pills that work envy diet pills diet pills for breastfeeding moms belique diet pills perfect slim weight loss pills calories in a bottle of white wine