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.
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
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 […]
Did You Buy That Dip?
At Chartfreak, we were anticipating that a higher low in Oil would prove to be an exceptional buying opportunity after the recent summer sell off. Cycle timing was telling us that it was ‘time’ for a low to develop, so we began monitoring the charts using technical analysis and cycle timing. Did you buy that […]
Have You Been Shopping?
Tuesdays markets sparked my interest in a few ways. Let’s get to the charts… . SPX – We’ve certainly seen this before. Frustrating the longs and the shorts, the sideways move continues.
This Road Won’t Beat You
As mentioned in a few prior reports, we are riding through a consolidation zone in some sectors, and now Oil and Energy are experiencing a slight pull back. In Bull Markets, these are healthy events and over time we eventually see higher lows and higher highs. Understandably, these periods where gains are given and then […]
AUG 21 Weekend Report
Looking forward… . SPX – The squeeze on the Bollinger Bands usually leads to a strong directional move. You can see that we are consolidating in a bit of a triangle / wedge and heading into the apex. A break out 1 way or the other should occur soon. A break out higher could lead […]
The Force Awakens
And as predicted, it is a force to be invested in 🙂 . WTIC – Many doubted that Oil could come back so quickly, some on CNBC were saying that it would not make it past $44. With an ICL in place, there is no doubt that this chart shows us….The Force Awakened. We have […]
Thursday August 18
Today the Fed Minutes were released. Could you tell? The SPX sold off and then recovered the 10sma.
Just A Minute
Fed Minutes are released today. We have seen a few sideways moves in various sectors, maybe this will be a catalyst for a directional move. . SPX – If you re not long or short, don’t jump the gun. After a long consolidation, the move can be prolonged, and I have actually been expecting a […]
The Eye Of The Beholder
Not much has changed since the weekend report, and we are still seeing once semi-ugly charts becoming diamonds in the rough. Let’s review… . SPX – I personally took a long trade after calling the ICL in June ( And pointing out the 3 white soldiers very bullish pattern), I didn’t stay long during the […]
