Entries by Alex - Chart Freak

Beautiful At The Top

I am not saying that we are at THE TOP, but I have been saying that we could be due for A top. One thing that I have found to be true when trading the markets is this:  It is always Doom & Gloom right before a bottom is in place, and Everything is Beautiful […]

Monday Review

Google …had their earnings release and it Popped $50 to $80 after hrs   GOOGLE –  This was GOOGLE  ( Alphabet) at the close.  Notice that it has formed a long choppy consolidation all year long.  With the earnings release,  a  break out could happen Tuesday. So I Caught the POP after hours on this […]

Go Ahead – Make My Day

Lets review the markets , and then I will discuss the purpose of the Theme Pic     SPX– I have been saying since the DCL that one should let their long positions ride, use stops that should be raised along the way, and I would assess things as we get to day 15…  

July 18th – Pops & Drops

Tuesday was definitely a story of Pops and Drops. I have SO MUCH to talk about, so let’s take a look…   SPX –  From yesterday, we are early in the daily cycle, so I had drawn this chart up, with a run to the top of the trend line likely, before a dip into […]

Tuesday July 17th

  This is a chart that I put in my report last Tuesday.  The Financials ( Banks) were set to start reporting earnings, and this actually looked pretty good.  Take note of the POP last Monday to the 50sma. Lets take a look at the financials this week…