Entries by Alex - Chart Freak

SEPTEMBER 6TH – Mixed Again

September 6, 2018 in /by

I have been expecting a pull back in the General Markets, but notice what happened on Wednesday...

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NASDAQ - That had a pretty good size drop and the volume increased.  Also look at 3 month daily charts of  TWTR, FB, GOOG, ( Even AMZN yesterday) , SQ, etc.  They are dropping from the highs, so ...

It looks like the pull back has started, however,

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DJIA - The DOW closed higher with increasing volume.  Interesting, and ...

 

 

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AUGUST 29th – Here Again

August 29, 2018 in /by

1.  Last Night I mentioned to my readers that I was seeing a drop in Gold coming.   Gold was at $1212, and I posted this chart saying that we could see a drop to $1200.  That is not a big deal, but we are waiting for a short cover rally, so  apparently we had to 'expect delays'...

 

 

2.  The drop started here, and I posted this in the comments section. Again, not a big scary concern, just Expect delays..

Let's talk about Gold $1200

 

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August 28th – Things Are Popping

August 28, 2018 in /by

A Monday night report should be short, because we've only had one day since the weekend report, but Monday was a very active market. This report will be longer than the usual Monday report.

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Review SPX August 21st -  This was last week, and we saw the SPX meet up with 2 resistance points.

SPX WEEKLY Aug 24th -  So for the weekend report, I drew that same resistance here. It could climb along the upper magenta line, but would need to break the blue line first...

 

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August 25th – Do The Weekend Swing Dance

August 25, 2018 in /by

Friday seemed like some sort of an  anti-gravity day, with most sectors climbing nicely higher.  We even had Swing Lows enter the dance floor, so let's take a look at our current market set ups...

 

RUSSELL 2000 -  We looked at IWM and TNA earlier this week as buy signals, and we have follow through. Raise stops and see if they continue higher ...

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Friday Aug 24th

August 24, 2018 in /by

Welcome to the last trading day of the week...

 

USD-   This is a copy/ paste from yesterdays report, expecting a USD DCL.

 

 

 

UUP  ( USD) -  It looks like the DCL may have formed. I mentioned yesterday

 

Now let's discuss Gold...

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