Entries by Alex - Chart Freak

Nice Reminders

March 26, 2015 /22 Comments/in /by

We re-entered Energy/ OIL stocks  for a while waiting for Oil to POP.  It really popped yesterday and overnight too, thats a perfect reminder that patience pays off if you're looking at the charts correctly.  Gold & Silver  Popped overnight and we'll discuss that, there is a Bullish and a Bearish Scenario that I have been pointing out and believe it or not,  both are still possible.  Then I have one more important reminder to point out.  Lets get to the Charts...

This was my NASDAQ BEARISH WEDGE - from yesterdays report

NASDAQ 3-24

This is the NASDAQ chart after yesterday...

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Things Are Popping

March 22, 2015 /32 Comments/in /by

As expected , the Fed Mtg Wednesday caused  several areas of the market to really start popping. There is so much to cover this weekend, so lets get right to the  (29!)  charts...

 

Starting with IWC - As pointed out over the past several weeks, This is a bullish looking set up

IWC WKLY

Another Bullish looking set up is he following chart...

 

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Could Energy Still Be In A Bottoming Process?

March 19, 2015 /2 Comments/in /by

In this past weekends premium report & again on Monday March 16th,  I  posted developments that we had been watching In OIL/ENERGY /METALS.  I am going to share a small part of those reports here with you , and let you draw your own conclusions. MANY went short OIL this week .  The Wall Street […]

POST FED GREEN LIGHT

March 19, 2015 /51 Comments/in /by

If you were watching the markets yesterday, then you may have seen something quite interesting from about 2 P.M. onward as the  FED information was released.  It looked like this at a casual glance....

USD

The $USD  completely wiped out  any gains from Jan 22 onward in very short order. Oh these fickle markets ...

 

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Waiting On The Fed Again

March 18, 2015 /51 Comments/in /by

It's Wednesday and again the FED seems to be adding uncertainty and volatility to the various markets. Lets look at some charts, not too much has changed since yesterdays report.

 

QQQ March 16

QQQ march 16

Here is a different view and how things progressed yesterday, March 17...

 

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A Morning For Focus

March 17, 2015 /35 Comments/in /by

I want to focus specifically on the subject that was my midday alert Monday, but first a quick market overview.

 

SPX - We looked ready to move higher, and we did, but within a possible wedge pattern.

SPX WEDGE

I took a look at the QQQ's and pointed out this...

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