Entries by Alex - Chart Freak

July 28th- No, Not Icicles – ICL’s

With every passing day, we are 1 day closer to one of the best trade opportunities that the Precious Metals Markets offers, and they only occur twice a year. Let’s discuss the various market sectors and then we’ll look at Gold, Silver, and the Miners …

Tuesday June 26th – Market Drops Monday

  NASDAQ – June 18th, I showed the bearish rising wedge forming on the SPX & NASDAQ . Read the chart. NASDAQ – After 4 drops & reversals higher in a row, we had a POP to new highs.  Deceptively strong looking, but the WEDGE was still in tact, so I wrote that  “we would […]

June 21st – Golden Plunge

We have been waiting for a bit of a Golden Plunge for a while, and it is not something to fear if it happens. We are in the timing for an ICL, so the next drop could be he final drop before a strong rally begins. Let’s review the various Market Sectors and discuss Gold […]

Wednesday June 20th

  NASDAQ – As the markets try to pull back, it looks like buyers are stepping in and propping it up a bit.  We have seen 4 reversals in a row during the selling in NASDAQ.

Still Waiting On Gold – Weekend Report

It was a crazy week of activity, from the meeting between U.S. President Trump & North Korean leader Kim Jong – Un, to the FOMC Mtg Wednesday and the ECB Mtg Thursday. With all of that, nothing really changed….until Friday!   Let’s discuss the weeks Market activity… . SPX WEEKLY – Nothing changed with the General […]