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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Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
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...
Thursday May 30 – No Real Bounce Yet?
We are due for a bounce, but the markets have not been able to muster one up yet. Yesterday we did see some reversals heading into the close, so maybe a bounce is next? Let's take a look and see what the charts say...
Wednesday May 29th – Nowhere fast
The choppiness remained for the start of this week, so things continued to go nowhere fast.
May 24th – Better Days Ahead
We know that volatility and choppiness can be frustrating and disappointing, and a few of my trades have tossed me around a bit too. That said, I want to also say, "Trust me, we've have been through this MANY times before, and I can say with full confidence- Better Days ( of trading) Are Ahead!"
Wednesday May 22 – Fed Minutes
Today the Fed Minutes are expected to provide insights into the May 1 central bank meeting. Policymakers decided to keep interest rates steady, and I do have some interesting things to show you pertaining to that. 2 P.M. Eastern Time will be the time that the minutes are released, so set your alarm 🙂 Let's take a look at the Markets.
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SPX - This was the SPX in yesterdays report, showing a possible back test and the DCL is in place...
