Entries by Alex - Chart Freak

Friday May 17th – Options Expiration

Today is the last day of the trading week, and with the General Markets and Oil trying to bottom, and Precious Metals  ( Gold, Silver, and Miners) bouncing around at their recent lows,  it has been a Bumpy Ride.   Add to that Options Expiration, and I would say that the last day of the week […]

Thursday May 16th

I am seeing signs that the General Markets are close if not already at their next lows, and as expected, I also believe that Oil has put in its lows. I want to discuss what this might mean going forward.

May 11th Weekend Report

What a week!  On Monday I said that I expected volatility, choppy trade, and even the drop down into a dcl this week and that is just what we got.  Even when you expect it, a sell off in addition to the current news events often make you want to step back and ponder what […]

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 […]