March 25, 2014 Today I just wanted to look at a couple of charts that look to have decent low risk set ups. Low risk, of course, means that if one enters a trade, they also know where to set stops (according to each ones “risk parameter”) , and if the stock doesnt do […]
Header Photo artwork credit to RUSH and Hugh Syme MARCH 23, 2014 No one actually predicts with 100% accuracy what the markets will do next, but with a little help from the charts, we may gain some idea of a likely path they’ll take. In the last Report the $USD “Popped” and I mentioned […]
When the markets turn fast, we have to try to keep pace. Yesterday during the Fed commentary , The U.S. Dollar took a sharp turn, and Equities, Treasuries, Commodities and so on were shaking it up a bit too. Lets Start with the dollar…
After some beautiful runs in Steel stocks , they took a rest and some thought that Steels strength was over. It seems that the Large run up just needed to take a healthy breather and consolidate some gains ,so lets see where they are now. We’ll start with AKS
We have a FED MTG directly ahead of us , should we even be looking at the volatile Precious metals? Well, I wont recommend anything, but I need to point out some nice looking reversals…lets start with PAAS
Buying CPE @ $6.60 has paid off rather nicely . The CPE update here http://www.chartfreak.com/2014/03/13/cpe/#more-95 showed that the set up was still bullish as it then traded near $8.00. Yesterday & Today it traded around $9…whats next…
GDXJ has broken inside the triangle on increasing volume, using a 4hr chart . (Click to enlarge) More downside would seem likely (Especially a close inside)
I’ve been asked what I see with the selling in GDXJ / GDX today. – I can view it in a few different ways, so lets start with the daily –( Is it just a simple “test” of the break out & 10sma ?)
I’m Still liking Rare Earth set ups( See QRM, AVL, REE,MCP ) as mentioned in a prior post. They have “Based out” and look to be moving above( and some have finding support above) their Moving averages . I also like some of the energy stocks like AXAS , MNGA, & a few others are […]
I wanted to quickly review a possible change in the way AAU looks. It may have gone from “Bullish” to “Caution” , please read on…
