Entries by Alex - Chart Freak

Friday May 17th – Options Expiration

Today is the last day of the trading week, and with the General Markets and Oil trying to bottom, and Precious Metals  ( Gold, Silver, and Miners) bouncing around at their recent lows,  it has been a Bumpy Ride.   Add to that Options Expiration, and I would say that the last day of the week won't be much better.  Let's just take a look at what we have...

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May 11th – A Big Picture Report For The Public

It has been a while since I posted a Public Report, so I want to post part of this past weekends report to the Public.

 For my Readers,  I post daily reports to discuss the markets and also offer 'trade set ups' if certain sectors are acting bullishly,  but I like to use the weekend report  to step back and take a look at the Bigger Picture.  This report will show you some of what we have been discussing at Chartfreak.   This is part of the May 11 Big Picture Weekend report .

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May 11th Weekend Report

What a week!  On Monday I said that I expected volatility, choppy trade, and even the drop down into a dcl this week and that is just what we got.  Even when you expect it, a sell off in addition to the current news events often make you want to step back and ponder what the future market environment may hold, so lets take a step back & look at the Bigger Picture.

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Friday May 10th- Looks The Same

Thursdays trading  finished up with many charts technically looking the same as they did on Wednesday.  We did see some reversals, but no swing lows in place yet.  Today (Friday)  is the deadline for the U.S. - China talks, so that choppy week of trading was anticipated, but now what?  Let's take a look, there are many clues...

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