Friday July 19

It's the last day of the trading week, lets talk about...

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7-19 NOT YET, BUT INTERESTING THINGS ARE HAPPENING …

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Looking for a swing low...

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July 18th – Pops & Drops

Tuesday was definitely a story of Pops and Drops. I have SO MUCH to talk about, so let's take a look...

 

SPX -  From yesterday, we are early in the daily cycle, so I had drawn this chart up, with a run to the top of the trend line likely, before a dip into a dcl starts...

however,  I also saw something else that looks important on Tuesday...

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Tuesday July 17th

 

This is a chart that I put in my report last Tuesday.  The Financials ( Banks) were set to start reporting earnings, and this actually looked pretty good.  Take note of the POP last Monday to the 50sma.

Lets take a look at the financials this week...

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July 14th – Let’s Go, I’m Ready Already!

I'm sure that by now, you are ready too!  Well, I have some good news on the 'Waiting for an ICL in Gold' part, but first let's cover all of the markets, including something very interesting that I noticed about The EEM.  To The Charts!!

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Friday July 13th – Almost There

Today is Friday the 13th, the last trading day of the week.  No, I am not superstitious, and the things that we have been watching unfold seem to almost be complete.  Let's take a look...

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July 12th – Two Faced

This report is going to discuss a few things about our 2 faced friends - The Miners  🙂

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Wednesday July 11th- Finding Support

 Let's review some of yesterdays market action...

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July 10th – Tuesdays Ideas

 What happened Mondayand what to expect Tuesday...

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SPX - July 5th we seemed to have our dcl in place, day 4.  I mentioned that it could be L.T., but a daily cycle could peak at day 15 and still be L.T., so ride it with a stop.

 

SPX - And it is heading for the upper trend line.

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JULY 8TH WEEKEND REPORT

I know by now you know how I feel about the Precious Metals Sector, but maybe the Theme Pic will help to clear up any doubt at a glace. 🙂  We will discuss all of the Market Sectors, but the main focus is still on Precious Metals.

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THIS IS A CHART OF THE SPX FROM FRIDAYS REPORT- The 'but' part was simply that I am  expecting a L.T. daily cycle after a rally, so I keep that in the back of my mind...

 

SPX WEEKLY- And we have a weekly reversal that should have follow through higher too. The RSI held the 50% line too, so it is a bullish set up here at this point.

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