Things have been falling into place step by step this week. In this report, I just want to point out a few things that I am watching when it comes to our positions in Miners after a brief review of the Dollar and Oil. . USD – This looks bullish really, but it is very […]
I wanted to title this report “We got it!”, that was by request actually, but you will see as we go through the charts that I cannot say that quite yet. Dont get me wrong, I believe that you will like the ingredients of this report, so let’s get right to it… . SPX – […]
Sometimes it is not enough to go shopping when things are on sale, we all like to get the rock bottom prices. In the Precious Metals sector we caught the lows in Mid January and at the end of May, when they experienced a serious sell off. Looking for certain signs of a bottom, we […]
When I am preparing food on the grill, I’m checking the temperature, watching for grill marks, looking for a change in color, and several other signs to know when the food is ready. In a similar manner, we have been watching various aspects of the precious metals markets and also looking for a variety of […]
SPX -I believe that the general markets are going to roll over soon.
The SPX ( Left Translated) dropped to break the prior lows and then put in a shake out reversal. It has struggled at the 50sma, and now that it faled, I expect it to roll over, possibly after tagging that 50sma again.
When hunting for good set ups, just keep in mind that every day that passes brings us closer to the target.
The Fed Minutes are scheduled to be released today. At times like this, we sometimes get a glimpse of what was behind the recent decision on interest rates. Is inflation starting to creep in? Just how divided or united were the Fed members when it came to timing for rate hikes, etc. Lets take a […]
If you have been investing and trading for years, no doubt there are times that you find it is best to wait for that ‘Fat Pitch’, but not always so easy. Well the good news is, I can see that a real low risk buying opportunity is fast approaching, so lets discuss that again in […]
Another week of choppy trading, but there is a lot to talk about this weekend. It may be time to start gathering the goods, so lets get right to the charts. . SPX – More of the same, Capped at the 50sma and L.T. ( left Translated) so far, it still needs to break one […]
