Archive for year: 2020
Was a Pullback in the Precious Metals Sector possible? Yes, I even posted this chart as an example of what we could see...
FROM MONDAYS S REPORT:
GDX – We also could build a handle to the 50 sma if the pause or dip continues. Churning sideways is normal action, you can see it in June/July and the end of July..
I wouldn't exactly call Wednesdays action just a normal churning type of a pull back, so let's discuss what we saw and also discuss what may come of it. First we'll cover the General Markets and Oil...Read More
This week we saw some acceleration in some areas and some choppiness in other areas of the markets, so I think that this Big Picture Weekend Report can help to clarify things as we come out of a somewhat choppy week. Lets take a look....
SPX DAILY - I am seeing what looks to be some topping action on the daily charts, so we may continue to see some choppiness and then a dip into a dcl. The 13 sma stop would still have you long though. Since this also looks to be a R.T. Daily cycle, we should see a higher low, maybe just a chop down to back test the 50sma.Read More
I want to open my recent Big Picture Review report to the Public. The following is a partial report of what I showed my readers a few days ago. Enjoy!. Read More
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