There is not going to be much new to discuss here until after the Fed on Thursday. We are in the middle or late in various daily cycles, but we can review how things are playing out so far. . SPX Tuesdays report – I was pointing out that I an expecting a drop […]
We had a huge weekend report, and so what possibly could be said only 1 day later? Well, I have 14 charts in this report to help us to take a closer look at things, because this is a Fed Week. To the charts… . SPX – I want to say that there is no […]
Another week that started off a little unclear in some areas, but I think we’re starting to see some clarity now. Lets review the current condition of the markets and then focus on Precious Metals sector. . I have been pointing out the potential resistance in the General markets. With the exception of the Nasdaq […]
Well, you know the story. I don’t usually plan on doing a Friday report. Thursdays report can usually cover what could happen on both Thursday and Friday. We are specifically focused on Gold & Miners , so we should discuss that area a bit before the weekend. Let’s start with the $USD. . USD Oct […]
At this point in time, we should discuss lines in the sand for protective purposes. First, a quick market review. . SPX – No Change at this point. I see a failed daily cycle and weakness so far. Lets take a look at the USD …
This report is all about How the internet works, and Gold, Silver and Miners. . This is how the internet works… GDX – This was from my weekend report, and I showed how the 10sma could be tagged by GDX and the drop would back test the trend line. Totally normal, so we were ready. […]
So far I think that the action in the markets today basically matched my weekend report, but they were received with mixed fanfare. Lets take a look and review expectations. . I was looking at SPX like this, trapped under the 50sma and 10sma. Today the Markets gapped open higher and the NASDAQ was up […]
CAN GOLD CONTINUE TO RISE, SINCE THE USD IS MOVING HIGHER TOO? . That question and other ones similar to it keep coming up lately and understandably so. Gold usually drops when the USD rises, but lately we do see both rising at the same time. I called a low in Gold recently and have […]
Lets get right to the weekend review. . SPX 1 week ago – It was struggling to move higher. Not a ‘long’ or ‘short’ play going forward, just sideways chop again. SPX WKLY – No change, still looks weak.
There was a time when I only released reports Tuesday , Wednesday, Thursday and the huge weekend report would cover Monday. I felt that the Thursday report would cover both Thursday and Friday and that the weekend report caught us up for the Monday trading. With the Bull markets of Precious Metals, Oil, and Commodities […]
