Is That A Gift?
It looks like a gift so far, but until it is unwrapped, we really cant be sure. One thing stands true though, I dont want to be ungrateful if it is. .
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Back Up Plans
We have a good amount of volatility shaking things up, so we want to have a plan and a back up plan. Lets review… .
Sept 3 – WEEKEND REPORT
Knowing that my readers are both short term traders and longer term investors, I want to always look at the charts and view them with a long term, medium term, and short term perceptive. At times all 3 views are sunny or all are murky, but in times like these, I also get a mixed […]
Grand Designs
I dont always need to know ‘How?’ or ‘Why?’ it happens. Just like the formation of this flower, grand designs and patterns grow and develop within the markets cycles and within nature. We watch and wait for things to play out and right on time, we get our completed Grand Designs. Lets watch how things […]
Same Old Song And Dance – So Far
Fridays jobs report may change a few things, but so far the charts are showing the same old song and dance… . SPX – Not much change here (I added a Thursday candle and a Friday candle as a possibility of tagging the 50sma).Jobs report Friday may give us our directional move. Many expect this […]
Straight to The Top
The theme picture is just a reminder: The markets do not usually go straight up to the top 🙂 . SPX – No change
Not Much Has Changed Here
Monday didn’t bring a whole lot of change since the weekend report, but there are few interesting things to discuss. . DJIA – The general markets continue the chop, and as they become oversold, the 50sma continues to rise under price as possible support.
August 28 – Weekend Report
It was a week of activity capped off with some Jackson Hole volatility. Lets take a look… . SPX – 2 months of sideways should produce a strong trending move. A dcl could shake traders out first. SPX WKLY – The weekly shows that we are on week 8 out of the recent lows. The […]
JACKSON HOLE
Welcome to Jackson Hole Friday, please make yourself comfortable, we may experience some volatility. 🙂 . DJIA – I still think that we should get some downside, as we are expecting a dcl.
Wash Day
The Bullish love for Miners over the past few months took a bit of a drubbing Wednesday. We didn’t see the sellers using the gentle cycle to try to wash away the sentiment, it seems that they may have pulled out that wash board and vigorously scrubbed away at it. Many seemed to be heading […]
