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Lets review the markets , and then I will discuss the purpose of the Theme Pic
SPX- I have been saying since the DCL that one should let their long positions ride, use stops that should be raised along the way, and I would assess things as we get to day 15...
Read MoreIt's the last day of the trading week, lets talk about...
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Looking for a swing low...
Read MoreTuesday 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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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...
Read More 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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Read MoreToday 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...
Read MoreThis report is going to discuss a few things about our 2 faced friends - The Miners 🙂
Read More Let's review some of yesterdays market action...
Read More 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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