Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Friday July 5th
The U.S. markets were closed from Wednesday afternoon to Friday morning. We now have 1 day left in this week to trade, and I wouldn't be surprised if many are just taking a 4 day weekend, so we may see light trading. Let's do a quick review of where our markets stand currently...
July 3 – Still Running, but only 1/2 day trading in the U.S.
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Yesterday, the theme of my report was "No major Surprises yet", but it looks like I may have spoken too soon. This was GOLD at the close Tuesday. After selling off sharply $24 & breaking below the 10sma on Monday, it put in another sharp reversal and closed back above it. We'll discuss this after taking a look at a few other charts...
July 2nd- No Major Surprises Yet
There were no Major Surprises as the Markets entered July, but I do have a few things to discuss with our current markets, so lets get to the charts...
Friday June 28th – The Bears Are Bored
Today is Friday, the last trading day of the week. So far, the Bears have been a little bored this week when it comes to most of the markets sectors, so let's take a look at our markets...
