Entries by Alex - Chart Freak

September 20th

September 20, 2018 in /by

Yesterdays report actually had 46 charts in it, and the ones  prior to it had many stock picks as well as the market review too. This is an important report, so I want to keep it a bit shorter than the past reports, to keep it simple.  It has 23 charts ( Edit: Plus 2, I just added 2 more)   🙂

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DJIA - We see follow through in the break higher by the DJIA.  This is bullish, but..

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9-18 -18 Falling Into Place

September 18, 2018 in /by

 

SPY FROM FRIDAY -    We had a double top and divergence in the MACD ( And RSI), so it looks like it wants to pull back.   It looks weak here on a daily, and I’ve been expecting a drop soon to a dcl or even an  ICL

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Sept 14th – A Little Choppy

September 14, 2018 in /by

When the markets are choppy and seem a little indecisive, it can be hard to make money consistently.  It becomes a stock pickers market, where some stocks are doing well, others may be struggling.  Various sectors of the markets are currently a bit choppy, so we'll discuss that here on this Friday,  the last trading day of the week...

 

NASDAQ -  After last weeks sell down, the NASDAQ landed above the 50sma and at this point that level has held as support, but it has been choppy here this week.

 

 

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9-13-2018 Oh Please!

September 13, 2018 in /by

If I could ask for 1 wish  pertaining to the markets, that I thought would benefit many people,  it would be...

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QQQ - At  this time, the 50sma is still holding up the QQQ as support again. The markets sold off on Wednesday , but fought there way back again. Volume is heavier on the downside than the upside, so it needs watching.

 

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