I want to post something here that I pointed out to my subscribers last week. This is a great lesson on a day when Gold & Silver are selling down again. . Every now and then I do a little ‘lesson’ to keep us balanced. This one has to do with the difference between […]
Let’s review some of yesterdays market action…
What happened Mondayand what to expect Tuesday… . SPX – July 5th we seemed to have our dcl in place, day 4. I mentioned that it could be L.T., but a daily cycle could peak at day 15 and still be L.T., so ride it with a stop. SPX – And it is heading […]
The Theme picture here speaks a thousand words. At Chartfreak, we’ve covered plenty of bullish set ups in the General Markets like TWTR, SQ, AMD, CREE, CY, TQQQ, SOXL, etc. over the past few months, but in addition to that, I have recently been very focused on the current set up in the Precious Metals […]
I know by now you know how I feel about the Precious Metals Sector, but maybe the Theme Pic will help to clear up any doubt at a glace. 🙂 We will discuss all of the Market Sectors, but the main focus is still on Precious Metals. . THIS IS A CHART OF THE […]
It is the final trading day of the week, so this report will just be a quick summary and will also include a few trade ideas SPX – I think that we have a dcl. In tech analysis, you would expect a possible run to the upper trend line, but…
SPX – The General Markets gapped higher on Tuesday and the rolled over again. The 10sma is rejecting price, so we still do not have a confirmed DCL, but we are due for one and we do have a swing low unconfirmed.
As I sat on the plane returning from my trip yesterday, I thought of the Chartfreak Readers while having a beverage & some Crackers 🙂 I noticed that Gold was selling off, but Miners seemed to be holding up fairly well, and I wondered if that would continue through out the rest of the day. […]
I’m sorry, but my wife talked me into the picture above for the weekend report. I actually felt right at home on my visit to the Biltmore in Asheville North Carolina. Why? Well, they had Chartfreak Lions everywhere, and also Miners began breaking out Friday morning, easing any concerns that something ugly would happen […]
This is a snap shot of ‘things’ for Friday
