Entries by Alex - Chart Freak

December 20th – Post Fed Syndrome

December 20, 2018 in /by

I think that we knew that the Fed would raise rates, and I think that we had a good idea that there would be a'Reaction'.   So let's take a look at Wednesdays market action ...

 

SPX - This was my chart going into the FED WEDNESDAY.  Day 34 Tuesday.

 

 

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WEDNESDAY – FOMC DECISION

December 19, 2018 in /by

Today is the FOMC Decision, and even though the rate hike is supposed to be figured in, These markets are stretching out and could see a sharp reaction when the time comes.  Let's take a look at Tuesdays market action...

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SPX - This small candle with a new low on day 34 allows for a swing low with a move above Tuesdays highs  (2573.99).  If the FOMC Decision changes the markets direction, it is possible that we will have a DCL & even an ICL.

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Some Winning Stocks You Might Have Missed

December 14, 2018 in /by

The overall market has been very choppy and that an be frustrating for a lot of traders. However, there were some real winning stocks this week. Did you catch them? Some of the highlights were $NBEV $TWTR $UBX (Below is a sample of Alex’s work from throughout the week. ) (Below chart from 12/11) NBEV  […]

Friday Dec 14th – Still A Little Choppy

December 14, 2018 in /by

 

SPX #1 -  I captured this after the first hour of trading and I posted it in the chat area. Each morning Gap higher ends up selling off.  Would this be bought up into the close this time ?

 

SPX #2  - No, it closed slightly red.  I have been watching the Cycle count in anticipation for a DCL ( ICL).  I said that day 18 was too early and  now we have a day 28 low.  THAT  might also be a bit early too, since many daily cycles extend to 30 plus days.   This could just surge higher and be counted as day 4 Friday,  but take a look at this...

 

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Dec 13th – Mainly Picks

December 13, 2018 in /by

The outlook for the Markets has not changed from my prior reports with the trading on Wednesday,  so today we will mainly look at some more Picks.  I also want to look at Oil and cover something important with the Miners,  so let's begin, this is a long report...

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