Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
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...
June 6th – Pullbacks And Resistance
Pull backs are normal and healthy action in a Bull Market, so I am going to discuss that when I get to the Precious Metals section of the report. The General Markets are experiencing quite a pull back too, so lets take a look at our markets...
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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June 4th – A Break Through
Monday had a lot of follow through action with the precious Metals Sector, so we'll briefly review the markets and then discuss the Precious Metals with much more detail.
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June 3rd – DIGGING FOR GOLD
My last Public Report was posted on May 11th, where I discussed the big Picture of the General Markets, and what it could mean for the GOLD, SILVER, & The MINERS, and I covered Bitcoin too. I will do a quick review here using charts from my last public report, and then an update from this weekends premium report. Since my last May 11th Public Report, we've continued to dig in to the Precious Metals charts, have taken positions, and are finding that things are now playing out very bullishly for Gold, Silver, and Miners (As expected). Todays public report will include a good portion of my recent weekend report.
JUNE 1- Looking Good!
So in this Big Picture Report I am going to just let the charts do the talking. At this point in time, it now looks like things are playing out very much as expected way back last summer. You'll see what I mean, and it should be good news for those that are sick & tired of this directionless chop! Enjoy...
May 31- CHANGE OR STILL CHOPPY?
In the markets, at times it can be a Challenge to discern early on whether or not some of the Changes that we see taking place are real changes with follow through or just continued choppiness. Lately the choppiness has been full of whip saw moves, and for that reason, I have admonished keeping any positions small and always honoring stops. Eventually, we will get more of a directional move, but when will we get some follow through? Let's go to the charts and discuss this further...
