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Alex - Chart Freak2020-02-07 12:17:422020-02-07 12:27:11Friday February 7th
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Alex - Chart Freak2020-02-06 06:02:182020-02-06 06:02:18Thursday February 6th
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Alex - Chart Freak2020-02-05 12:19:332020-02-05 12:30:48Wednesday February 5th
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Alex - Chart Freak2020-02-04 10:40:002020-02-04 10:40:00February 4th – What Next?
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Alex - Chart Freak2020-02-01 22:16:522020-02-01 22:18:24The Weekend Report – Walking The Tightrope
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Alex - Chart Freak2020-01-31 12:01:322020-01-31 12:01:32Jan 31st
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Alex - Chart Freak2020-01-30 03:13:462020-01-30 04:05:55Thursday January 30th
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Alex - Chart Freak2020-01-29 12:38:372020-01-29 12:43:03Wednesday January 29th F.O.M.C.
Jan 28th Pre-Fed Trading
JUST A QUICK REALITY CHECK TO START WITH - "I saw on the news that the Virus caused the markets to sell off?"
.Well, I have been showing the cycle count in the markets for a while as one that is entering a top area. This was last Wednesday JAN 22 on day 33 and I wanted to pointed out that one daily cycle peaked on day 32. Then the next one peaked on day 39, so we really could top & drop at any time, so we expected a pull back and anything could trigger it really.
THIS IS THE REASON? When The U.S. killed an top Iranian leader & Iran fired back, all of the news was that this could escalate ferociously, but the markets didn't crash then? Now is a virus really causing this drop? Not really. The markets were overbought & peaking on day 33, 34, & 35 and then we saw that bearish engulfing Friday. They were due to fall because of being this late in the cycle count. Certain sources will always try to give a reason as to why a market is pulling back or rising. In reality, it is often just the ebb & flow of the markets...
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Alex - Chart Freak2020-01-25 20:43:532020-01-25 20:48:01January 25th Weekend Report
