Entries by Alex - Chart Freak

Monday Review

July 24, 2018 in /by

Google

...had their earnings release and it Popped $50 to $80 after hrs

 

GOOGLE -  This was GOOGLE  ( Alphabet) at the close.  Notice that it has formed a long choppy consolidation all year long.  With the earnings release,  a  break out could happen Tuesday.

So I Caught the POP after hours on this chart.  It is a 6% break out if it holds overnight, but tomorrow on your charts, it will be a GAP OPEN.

 

There are a few things that I wanted to point out with GOOGLES earnings and the affect on the NASDAQ...

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Go Ahead – Make My Day

July 23, 2018 in /by

Lets review the markets , and then I will discuss the purpose of the Theme Pic

 

 

SPX- I have been saying since the DCL that one should let their long positions ride, use stops that should be raised along the way, and I would assess things as we get to day 15...

 

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July 18th – Pops & Drops

July 18, 2018 in /by

Tuesday was definitely a story of Pops and Drops. I have SO MUCH to talk about, so let's take a look...

 

SPX -  From yesterday, we are early in the daily cycle, so I had drawn this chart up, with a run to the top of the trend line likely, before a dip into a dcl starts...

however,  I also saw something else that looks important on Tuesday...

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Tuesday July 17th

July 17, 2018 in /by

 

This is a chart that I put in my report last Tuesday.  The Financials ( Banks) were set to start reporting earnings, and this actually looked pretty good.  Take note of the POP last Monday to the 50sma.

Lets take a look at the financials this week...

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A Matter Of Perception

July 11, 2018 in /by

 I want to post something here that I pointed out to my subscribers last week.  This is a great lesson on a day when Gold & Silver are selling down again. .  Every now and then I do a little ‘lesson’ to keep us balanced.   This one has to do with the difference between […]