Entries by Alex - Chart Freak

11-30 Lining Up

It seems that many things within the market structure are lining up again. Let’s take a look… . SPX – We did get our initial burst higher out of the anticipated lows as shown on the 2 charts below. . This was Oct 31 – Anticipating the trade-able low SPX now – We got the […]

Nov 28th – What’s Next?

When you look at the flowers in the above picture, you cannot really tell what the future will hold at this point. It is hopeful as we begin to see growth, but the surrounding conditions are difficult. Will it remain too dry for growth or will some refreshing rains begin to nurture it? And even […]

Is It Really Moving?

Sometimes things are moving so slowly that you can’t believe that they are even moving at all. Well, We’ve seen this in the Precious Metals Sector over the past few days, but with the release of the Fed Minutes Wednesday, that just might change.  

A Balanced View

It’s a holiday week in the U.S., and Monday didn’t bring much in the way of change since the weekend report.   On Wednesday we do have the release of the Fed Minutes however, and that may be the catalyst that we are looking for in one area. 🙂 To the charts… . SPX – The […]

Leaving Bias At The Door

Whenever we are examining the markets, we really need to try to leave any ‘Bias’ that we may have aside to see things clearly. That doesn’t mean you have to just accept how things look at a glance, however. Dig in, do research, and find the underlying factors that are there. I have done very […]

RECALCULATING ROUTE

Have you ever been driving along using your GPS and you decide that maybe you’re going to take a short cut to your destination?  The GPS detects that you have left the designated course and immediately needs to compensate by announcing, “Recalculating Route!”.  Well last week sectors of the markets took sharp detours right after […]