Entries by Alex - Chart Freak

Big Picture Weekend Report – June 8th

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I am opening up part of the Big Picture Weekend Report to the Public.  During the week, I focus  my daily reports on daily action in various sectors of the market.  I then also may offer some lower risk entry points or buy set ups if they develop during pull backs. In the weekend report, however, I take a step back and focus on the Big Picture , and this is more than of that report.  Enjoy!

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Friday May 7th – Jobs Report

 

The General Markets finally had enough follow through to stage a 3 day rally out of the lows. I have been watching the 50sma and the coming Jobs report. That report is released before the Opening Bell, so we will know soon enough if the Markets like what they hear.  Let's look at our charts...

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June 5th – Stretching Out

The General Markets moved higher today, and even though the Miners were already quite stretched out and lately  they've moved inverse to the General Markets,  they actually continued to stretch out a bit more.  As mentioned in recent reports, I believe that the The Precious metals sector has bottomed and is acting bullishly.  Let's take a look at various  markets sectors.

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