Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Friday May 10th- Looks The Same
Thursdays trading finished up with many charts technically looking the same as they did on Wednesday. We did see some reversals, but no swing lows in place yet. Today (Friday) is the deadline for the U.S. - China talks, so that choppy week of trading was anticipated, but now what? Let's take a look, there are many clues...
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Friday May 3rd
Friday morning is the April Jobs report. We have seen the selling in the General Markets start with the FOMC Mtg, let's discuss that Jobs report...
May 2 – Post Fed Trading
As expected, The intra-day trading during the 2 p.m. Release of the Fed Interest Rate Decision and again during Chairman Powells speech was quite eventful. Let's discuss what we have with the markets now...
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Tuesday – Heading Into The F.O.M.C. Meeting
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This is a Fed Week, and the Markets tend to hate two things that the F.O.M.C Meetings can bring to the table. 1. Surprises and 2. Unexpected changes. I really don't think that we are due for either of those, so let's just review the markets as they stand, heading into FED WEDNESDAY .
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