Looking Ahead
/17 Comments/in Public, Uncategorized /by Alex - Chart Freak 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 that it may pause when it got to the 50sma & go sideways (Chart 1), before resuming higher. So far - that is playing out (Chart 2). What could that mean...?
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Fast Turns
/6 Comments/in Public, Uncategorized /by Alex - Chart FreakWhen 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...
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Seeing signs of strength
/4 Comments/in Public, Uncategorized /by Alex - Chart FreakAfter 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
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