Public Report – Bull Flags
I wrote a report about Bull Flags for the premium members last night. Why? Questions have been raised.
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On Feb 17th, after the recent run up in Gold, I mentioned that Gold could Pause and form a Bull Flag. These are often just a pause along the way (although they can fail).
Feb 17 - I discussed a possible Bull Flag forming after a strong run higher.
Feb 24 - We have the Flag and as mentioned, it is often just a pause before continuing to run higher.
Well on Friday Feb 24 Gold broke out and dropped. Many said Gold failed at the Bull Flag. Friday Feb 26 ( Today) Gold dropped down to $1212. Does that hurt the Bull Flag and prove it is a failure, like some are saying?
No- Let me show you 2 ideas that are not a stretch or grasping for straws. These are legitimate patterns playing out .
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Public Post – A Trading Paradise In Metals And Miners
Are you basking in the Traders paradise? At Chartfreak, trading has been good in Precious metals and Commodities. Lets take a look at a few of our expectations going forward and review some trade set ups that are still working out favorably. . SPX WKLY – After warning that there were signs of another sell […]
Public Post – OIL & GOLD
I'm going to share a portion of the premium report from Tuesday. We had been invested in Miners from the shake out lows, but most of what was bought has had a spectacular run higher. Now that there could be a consolidation phase in precious metals, does anything else look interesting? Have you seen VALE, FCX, CENX, etc? Commodities are making some nice steady gains. I'm also looking at The Energy Sector among other things. From Tuesdays report...
I think OIL is putting in lows (temporary or permanent remains to be seen). Lets discuss a few ideas as to why I think we are at lows in Oil.
.On November 13th , I said that my OIL WKLY target was $26.09
