Entries by Alex - Chart Freak

Wednesday September 25th

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ONE SPX CHART FROM YESTERDAYS REPORT POINTED THIS OUT– Everything was sideways & choppy until the last 4 days of that last daily cycle. That was simply a 4 day plunge. If it happened then, it could happen again, so use stops.

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SPY MIDDAY - The SPY started to drop quickly and it does look similar to the first day of the drop in Late July.

 

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Friday Sept 20th

Today is Friday and this is the final trading day of the week. We didn't see very much  change Thursday, the day after the Fed Decision was released, but I am thinking about the possibility of a new scenario that may be developing in the Precious Metals Sector, so I will mention that too.  Let's take a look at the markets ...

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