If you were in front of a screen during trading hours yesterday, you may have also noticed a multitude of trade ideas in various sectors popping up all over the place. It was a lot like juggling for the active trader, and a couple of questions received in emails reflected the fear of missing out […]
We have a lot to discuss, and I have a special section on the Precious Metals that should interest everyone here, so let’s get right into it … . SPX WEEKLY – The market continues to rise out of its V-Bottom. It has now broken out over the 200sma on a daily, and that […]
Good News, Bad News. The Good News is that in the U.S. we have a 3 day weekend to rest up and enjoy time with family and friends. The Bad News is that in the U.S., we have a 3 day weekend. I don’t know about you, but at times I hate it when there […]
NASDAQ – The NASDAQ has now reached the 200 sma. We are getting late in the daily cycle.
When the markets get later on in there cycle counts and start to get a little choppy, it can be boring and even a little tricky. You’ll see what I mean by tricky when we cover the general markets and Oil. . SPX #1 – The SPX has hit a new high as it […]
Not much changed in Mondays trading , but I want to discuss something in addition to a quick review and possibly a new sector perking up. Let’s get right into it… . SPX – No change here, I think that the upside on the first daily cycle has run out of steam and a […]
Let’s discuss last weeks activities and the expectations of what is likely to come… . SPX WEEKLY – Here we see a weekly DOJI formed and it formed at the 50 week MA.
The following is an update on the market and indexes. The charts are a sample of Alex’s work from the week. (2/8/19) We have been expecting a bit of pull back in the General Markets, and it would likely start after the SPX tagged that 200sma. I am not expecting a wash out sell […]
We have been expecting a bit of pull back in the General Markets, and it would likely start after the SPX tagged that 200sma. I am not expecting a wash out sell off, it will be more of a ‘ Buy the Dip’ type of pull back into the first dcl, but if you want […]
