Monday Review And Core Discussion
SPX – Not much has changed over the past several days, but consolidations often lead to strong moves.
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Strong Bulls
We’ve been seeing some strong Bulls running in 2016, and I dont think that the show is over yet. That is great news, lets take a look in our weekend review… SPX – We’ve seen a break out to new all time highs and a sideways consolidation for weeks. SPX WKLY – Possible […]
Friday Thoughts
Yes, I liked that picture so much that I decided to carry it forward to Friday. PLUS, I’m still waiting for the recent purchases to really run strongly 🙂 . Some of our stocks were green Thursday, even though Gold and the GDX sold off. Lets discuss our markets for a brief Friday report and […]
And They’re Off
Hang on, They’re running again! . I ‘m going to skip the general markets and get right to Oil and Precious Metals. Why? This is a chart from yesterday, and again, nothing has changed.
July 27th – Another Fed Wednesday
Waiting on Fed Wednesday to see if there will be any special reaction is getting old 🙂 . SPX – This was after Mondays trading, we could see a drop or just continue sideways. Not much changed , huh?
The Big Drop
Sometimes what looks and feels like a big drop turns out to just be a small dip in the action. I think that we are seeing that in Gold and Miners now. We’ll discuss that after a brief market review. . SPX – I’ve been expecting a small dip here, possibly back testing the break […]
July 22 Weekend Report
I hope everyone is enjoying a nice relaxing weekend, lets review the markets and discuss our expectations for the coming week. . SPX – The break out that I expected after seeing the 3 white soldiers pattern is in play. Breaking to new all time highs get price above resistance, so a small sideways consolidation […]
Fridays Check List
Tonights report is going to be a great lesson on how we can view things as the markets ebb and flow , breathing in and out. We’re at the end of the week and we saw a little selling in Precious metals Wednesday followed by an immediate reversal Thursday. Does that reversal mean that the […]
July 20 – A Miner Dip
Wednesday we saw the Miners (GDX, GDXJ) gap down and close near the lows on fairly high volume. What can we expect going forward? We’ll discuss that after a quick market review. . SPX– The general markets broke to new highs and since there is no resistance here, they have just continued higher. I do […]
July 20 – Focus
I want to FOCUS on a few things in this report .
