Weekend Wrap Up – Sept 17
Next week we have the FOMC Meeting, so lets see what the markets have done as we slowly move toward that date with the Fed Decision.
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Sept 15- Friday Again
Just 1 more day of trading and then we have the weekend. Let’s take a look at a few things of interest … USD – The USD has a swing low in place ( unconfirmed, and the last one 2 weeks ago rolled over). We do see bullish divergence, but the proof would be […]
Thursday September 14th- Energy
SPX – ON day 16, The SPX has more time & space to climb higher. We still have gaps below that usually fill later on.
Sept 13th – Bottom Fishing
After another short review, we will talk about some trade set ups and some ‘bottom fishing’. SPX – The General Markets are still moving up out of the recent lows. No change from yesterdays report, I would raise my stops to lock in gains if the gap below eventually fills.
Sept 12th
Not much has changed since the weekend report, so todays report will have a short review and then I will discuss a few other important ideas.
Is It A Melt Up?
I wanted to open up a slightly shortened version of this weekends report to the public. In the weekend report, I usually cover the action that we saw in all of the Sectors that we have been covering lately, and in the daily reports, these are updated and stock picks are also added, if the […]
Sept 10 – Is It A Melt Up?
SPX– I will repeat, I never called the recent dip an ICL. It lacks the characteristics of one, but what I did say is that we have been overdue for one for a while. So we have a dcl, and similar to the last couple of dcls, the move higher has been a bit […]
Fridays Ideas
Today we are just going to discuss ‘things’.
September 7th – Market Wrap
On this Thursday of trading, let’s review what the markets are doing so far, and we’ll have just a couple more interesting trade set ups. NASDAQ – The NASDAQ put in a low that was a buy on August 21, and that has not been violated. It almost made new all time highs on […]
Wednesday September 6
So far, the trades that we have been really focusing on have been excellent. We’ll do a quick review and then discuss those trades and set ups. DJIA – Wow, that wasn’t a very healthy looking drop on day 9, was it? The DOW landed right back on the 50sma, so at this point, […]
