Wednesday June 27th

/in /by
    Read More

Tuesday June 26th – Market Drops Monday

/in /by
 

NASDAQ - June 18th, I showed the bearish rising wedge forming on the SPX & NASDAQ . Read the chart.

NASDAQ - After 4 drops & reversals higher in a row, we had a POP to new highs.  Deceptively strong looking, but the WEDGE was still in tact, so I wrote that  "we would see if this bearish rising wedge would break out higher or down"  (  They almost always drop down).

 

THE WEEKEND REPORT SHOWED THIS WEDGE AGAIN.  I SEE A HIGH VOLUME DROP FRIDAY THAT WAS LIKELY POINTING TO A COMING  TECH DROP.

 

NASDAQ - Monday at 10 in the morning , this is how Monday started...

Read More

The Weekend report – The Launching Pad at T Minus (?)

/in /by
.

This is your Big Picture Weekend Report...

  Read More

Friday June 22

/in /by
Read More

June 21st – Golden Plunge

/in /by

We have been waiting for a bit of a Golden Plunge for a while, and it is not something to fear if it happens. We are in the timing for an ICL, so the next drop could be he final drop before a strong rally begins. Let's review the various Market Sectors and discuss Gold expectations again...

  Read More

Wednesday June 20th

/in /by
 

NASDAQ - As the markets try to pull back, it looks like buyers are stepping in and propping it up a bit.  We have seen 4 reversals in a row during the selling in NASDAQ.

Read More

Tuesday June 19th

/in /by

Read More

Still Waiting On Gold – Weekend Report

/in /by

It was a crazy week of activity, from the meeting between U.S. President Trump & North Korean leader Kim Jong - Un, to the FOMC Mtg Wednesday and the ECB Mtg Thursday. With all of that, nothing really changed....until Friday!   Let's discuss the weeks Market activity...

.

SPX WEEKLY - Nothing changed with the General Markets, this is still a bullish set up.

  Read More

June 15th – CHANGE

/in /by

I want to briefly discuss something that I mentioned  I was looking for to signal a change in the Gold Market.   I believe we have that change as of Thursdays ECB Mtg.

Read More

And Next – The E.C.B.

/in /by

At times the FOMC Meeting and the ECB Meetings can be game changers, but so far we survived the F.O.M.C.  Rate hike.  Now Thursday at 8 a.m. Eastern time,  we face the ECB Mtg.

Read More