Tuesday March 21
SPX from the weekend report, I think we'll get another run higher soon.
SPX - I'm Still expecting that run higher, and I would have a stop under the dcl at 2350
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
March 17th Weekend Report- Thinking Out Loud
Let's go over the markets and see what may or may not have changed with the Fed Rate Hike this week. 🙂
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This was my MARCH 10th SPX chart- I expected the general markets to drop back a bit more on the pull back, and then to put in another run higher. It would then be in the timing to roll over into an ICL as shown.
Friday 3-17-2017 TRADES
The markets have not changed very much from the Thursday report, and I'll be discussing the bigger picture in the weekend report, so today after a brief GOLD & MINERS discussion, I want to just discuss a few trades.
Post Fed Explosions
We got a Fed rate decision, and we got some Fed Decision follow through. It clears things up in the short tern time frame and makes it easier to see what is going on,. Let's see what Wednesday brought our way.
SPX March 9 - I was looking for a shallow DCL The RSI started curling upward while price was dropping...
SPX MARCH 10 - A swing formed and the dcl was due and likely in place.
Now we have a confirmed DCL, as seen here
Tuesday 5-14-2017
The weekend report said it all, this is just a quick update
March 11 Weekend Report
"Yes, there are two paths you can go by,
But in the long run,
There's still time to change the road you're on."
Friday March 10th
After a quick market review, I wanted to just briefly touch on the fact that we have 'No Bounce' in the Precious Metals sector.
March 9th – Oil Rolled Over Too
The pullback in the general markets remains orderly and rather mild. We are deep in the timing for a swing low dcl.
