Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Wkend Report- Between A Rock And…
You'll see why I chose this Theme Pic shortly, but first let's do our Big Picture Weekend Review...
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SPX WEEKLY - We have a weekly swing high, and I have been expecting a pull back to a dcl, even an ICL.
Sitting Near The Lows
Today is Friday, the last trading day of the week. Let's discuss just a few details of this weeks activity...
SEPTEMBER 6TH – Mixed Again
I have been expecting a pull back in the General Markets, but notice what happened on Wednesday...
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NASDAQ - That had a pretty good size drop and the volume increased. Also look at 3 month daily charts of TWTR, FB, GOOG, ( Even AMZN yesterday) , SQ, etc. They are dropping from the highs, so ...
It looks like the pull back has started, however,
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DJIA - The DOW closed higher with increasing volume. Interesting, and ...
September 5th- What Is Going On?
The theme picture that I drew up speaks for itself. I will address that after a market review...
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Friday August 31 –
SPX - The SPX broke out above the upper trend line, but dropped back down on Thursday. We see a gap & the 10sma below, these could be initial targets, so let's see how things play out.
AUGUST 29th – Here Again
1. Last Night I mentioned to my readers that I was seeing a drop in Gold coming. Gold was at $1212, and I posted this chart saying that we could see a drop to $1200. That is not a big deal, but we are waiting for a short cover rally, so apparently we had to 'expect delays'...
2. The drop started here, and I posted this in the comments section. Again, not a big scary concern, just Expect delays..
Let's talk about Gold $1200
