Entries by Alex - Chart Freak

September 20th

Yesterdays report actually had 46 charts in it, and the ones  prior to it had many stock picks as well as the market review too. This is an important report, so I want to keep it a bit shorter than the past reports, to keep it simple.  It has 23 charts ( Edit: Plus 2, I just added 2 more)   🙂

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DJIA - We see follow through in the break higher by the DJIA.  This is bullish, but..

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Sept 14th – A Little Choppy

When the markets are choppy and seem a little indecisive, it can be hard to make money consistently.  It becomes a stock pickers market, where some stocks are doing well, others may be struggling.  Various sectors of the markets are currently a bit choppy, so we'll discuss that here on this Friday,  the last trading day of the week...

 

NASDAQ -  After last weeks sell down, the NASDAQ landed above the 50sma and at this point that level has held as support, but it has been choppy here this week.

 

 

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9-13-2018 Oh Please!

If I could ask for 1 wish  pertaining to the markets, that I thought would benefit many people,  it would be...

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QQQ - At  this time, the 50sma is still holding up the QQQ as support again. The markets sold off on Wednesday , but fought there way back again. Volume is heavier on the downside than the upside, so it needs watching.

 

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