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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Ready for what? For one thing, we are at another Fed Wednesday. Yes, that’s right, the latest Fed Decision on interest rates is released today, and usually we have to get ready for any possible volatility. This time I dont expect much in the way of a surprise there, but we may want to start […]
Whenever we as traders get really really comfortable with our trades and trading, I think it is always a good idea to go back and shake things up a bit, just to keep us on our toes. Since not a lot has changed on the charts from the weekend report through Mondays trading day – […]
It was another excellent week of trading at Chartfreak.com. Allow me to share a few thoughts with you. . EDIT: The following trade was up another 40% today alone 🙂 LGCY- This was the trade of the week if you ask me. I showed this base as having explosive potential back on April 9th. […]
It was another excellent week of trading. I received more than a couple of emails expressing joy over the past couple of months of activity. I’m really happy to see these results. Since we know that these runs dont last forever without consolidation phases, lets get right to the trading and our expectations going […]
