To Be Or Not To Be?
That is the question… . SPX – I’m Still expecting higher prices in the near term, with a DCL likely in place. .
Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
MAY 8 Weekend Report
We will discuss the Theme Picture later in the report, lets get right into our market review… . SPX – We are expecting and late for a DCL. The SPX tagged the 50sma and put in a small reversal candle. I believe that we are about to get a move higher. That calls for a […]
MAY 5 – Perspective And Emotions
Our perspective on certain things can affect our emotions. Isn’t it true that how we view things often changes the way we feel about them? Especially if there are two sides to a story? 🙂 Well it can be that way with trading too. We can look at a long term bullish chart and see […]
Light On The Horizon
We’ve seen some selling in the markets this week, are their brighter skies on the horizon? Yes, I believe there are. Lets take a look… .
May 3 – Baskets
I dont know about you, but trading on Tuesday had me feeling like my basket had some dogs in it. Is that truly the case? Lets take a look… . SPX– CNBC was very concerned about the markets selling down today, but this chart is not bearish at this point.It keeps selling down and then […]
May 2, 2016 Update
Not a whole lot has changed from the weekend report, but we can still review our information and update our outlook if needed. . SPX – This was from the weekend report. Notice that either cycle count that I had in place showed that it was late in the 1st daily cycle. We are due […]
May 1 Weekend Report
Week after week we are seeing very good action and even fairly clear predictability in the various sectors. We have experienced some great gains in Miners, Energy, and Commodities for all of 2016. I have to keep reminding myself, and so I want to remind the readers here too, that pull backs and corrections are […]
April 28 – What About The Obstacles?
We have goals and we want to reach are targets, but often there are obstacles that can pop up along the way. Can we still reach are targets along the way. Yes. Lets do a quick market review and discuss our current trading. . SPX – I noticed a couple of days ago that the […]
Make Hay While The Sun Shines
A farmer has to take advantage of the opportunity to make hay when the sun shines. If he has other things to do, they’ll have to wait for a rainy day. He cannot make hay on a rainy day. A trader or investor has to invest when the ‘set ups’ are ready. If the low […]
PUBLIC POST – WAITING ON THE FED?
We are at another Fed FOMC Wednesday. The latest Fed Decision on interest rates will be released today, and usually that means we have to get ready for likely volatility. Today I prepared my premium readers to get ready for the trades that the charts are setting up for. Lets review some of what they […]
