Entries by Alex - Chart Freak

July 17 – Weekend Report

July 18, 2016 /79 Comments/in /by

Last week the SPX broke to new all time highs.

SPX WKLY 7-15

We expected that, since it was just coming out of a new ICL, and I pointed out on the DOW and SPX that we had a bullish 3 white soldiers pattern in play. This is a bullish reversal pattern after a sell off.

DJIA 6-30

SPX DAILY - Since there is no overhead resistance, it can just continue higher, but a 1/2 cycle low would provide a back test.

SPX 7-15

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Twinkle Twinkle Little Star…

July 15, 2016 /115 Comments/in /by

In a recent report I was discussing what I called Giraffes.  These are the 'STARS' of the Miners that explode higher giving the chart a look of a giraffe neck. Certain set ups form during consolidations and lead to this price explotion, giving us some big profits. Obviously finding them BEFORE they pop is the key to maximized profits. Lets take a look at some of our Giraffes from past set ups, then I want to discuss what I think will be the next ones.

 

This was our set up in XRA at when it was just under $1.00

XRA 6-27

2 days later we were up over 30% with the giraffe neck 🙂

XRA 6-29b

Lets look at another explosive POP that we caught, and then I'll  point out our next candidates...

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Monday July 11

July 11, 2016 /103 Comments/in /by

What might we expect on Monday, based on Fridays charts?

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SPX  July 6th from my last report-  The SPX looked good and a break would be sweet  I thought that the MACD and other things looked to be making a bullish move.

SPX 7-6

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July 3- Flying On Target

July 4, 2016 /136 Comments/in /by

The past few weeks have seen huge gains %-wise in the Chartfreak Gold & Silver Miner picks. I've been reading that other letters have avoided the sector due to the C.O.T.   What a shame, we discussed the C.O.T. here too, but didn't accept it as utterly bearish.  I'll discuss that again this week.  Lets start with a look at a couple of the recent explosive moves in Miners for example.

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TRX- I bought and have been discussing the bullishness in TRX for weeks.  I will discuss it further later in the report, since it has broken out with a bullish surge higher.

TRX DAILY

XRA - This also burst higher after a 2+ month consolidation of prior gains.

XRA DAILY

 

AUMN, VGZ, MUX, TGD, and many others mentioned in the reports over the past few weeks are surging higher. AUMN gained 50+ %last week alone.

After a market review, I'll discuss what I think will be the next opportunities in this sector, and what to look for in Gold, Silver , and Miners going forward.

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