November 15th – Weekend Review
Let’s do a market review of the various market sectors and we’ll see that things seem to still be playing out as expected.
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Nov 24th – The Blockchain Explosion!
While waiting patiently for the Gold market to set up properly, we have been trading other areas, and one of those areas recently has been the Blockchain trades. I mentioned that I had been trading these on the side, watching how they play out, seeing if they act as expected, before including them in the […]
Nov 22- Markets Are Stepping Up
On this holiday week of trading in the U.S., the markets often have a bullish bias, as traders leave early and travel to be with family. At this point, the Markets do seem to just be continuing higher… SPX – I would say that this is day 4 of the new daily cycle. […]
Tuesday – Sharp Turns
In the U.S., Thursday is a Holiday and the markets will be closed, followed by a 1/2 day of trading on Friday. Usually many are traveling to be with family on Wednesday afternoon, so the markets volume & trading lightens up on Wednesday. That said, it is a bit hard to know exactly what to […]
Weekend Report – Changes
It comes as no surprise that markets can evolve and change over time, so when a change appears, it is best to listen. It may or may not amount to anything in the long run, but we take note of any changes anyway. That said, I have seen ‘changes’ in the markets this week in […]
Friday November 17- A Lot Going On
Today is Friday and it is the last trading day of the week, so let’s take a look at the markets and then discuss a couple more trade set up ideas.
Thursday November 16th
SPX – The drop continues as the SPX is seeking out the next DCL. The trend line is broken and the 10sma has been lost. I actually thought that the 25th could have been a dcl, with the trend line break and close below the 10sma, so now I am simply watching for […]
Nov 15 – Winds Of Change?
I would say that we were seeing a normal correction in Oil on Tuesday, and we are heading into the Oil Inventory reports Wednesday, so nothing really changed there. So why did the Theme become “Winds Of Change?” It is because OIL stocks started to pick up in their selling, The Euro situation changed, Biotech […]
Nov 14 – Something Precious On The Horizon
Yeah, that little guy on the left is rather precious to it’s dad there, but I’m talking about Precious Metals here. Let’s discuss what I mentioned in the weekend report about the coming sell off that I expect in Gold, Silver, and Miners, and discuss what we might see … I started with these […]
QUICK REPORT ON THE FAST TRADES FOR OUR TRADERS . MYMMF– Bought at 42 cents MYMMF – Hit $1.26 today. Do we have another set up similar to this and the other ones? Yes, I believe we do…
