Archive for category: Premium

A MIXED BAG

February 3, 2017/49 Comments/in Premium /by Alex - Chart Freak

We have a mixed bag in the markets, so let's get right to the charts.

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SPX - Do you see what I see Gilligan? The markets have been all over the place along with the vix since 2017 began. It looks weak. This is an ISLAND TOP actually, a bearish top if price doesn't close that gap soon.

Feb 2nd – Pretty Well

February 2, 2017/114 Comments/in Premium /by Alex - Chart Freak

Well, That went pretty Well, didn't it? 🙂

Wednesday Feb 1st – Fake Or Real?

February 1, 2017/150 Comments/in Premium /by Alex - Chart Freak

There were a lot of interesting moves in the markets Tuesday. Today is Fed Wednesday, so we shall soon find out which ones may have been fake moves and which ones may be real. Let's take a look at a few of these moves...

FED WEDNESDAY IS CLOSE

January 31, 2017/137 Comments/in Premium /by Alex - Chart Freak

Let's discuss Monday and keep in mind that we are closing in on the FOMC meeting Wednesday.

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SPX FROM THE WEEKEND REPORT - After the break out the VIX was below 11! I expected that we could get a drop and not a continuation higher for now.

I posted this in the comments section near 11 a.m., the VIX was popping and the markets were dropping. This looked like the markets could be rolling over going into the Fed Meeting.

SPX END OF THE DAY - Then the markets reversed and put in a pretty big reversal candle. It recovered back to the consolidation highs, but it was still down 14 points. The jury is still out, but anyone that jumped in long at the break out or short as the day sold off have both been schooled a bit. The school of volatility.

Weekend Post- Progress Report

January 29, 2017/38 Comments/in Premium /by Alex - Chart Freak

This is our weekend wrap up, and I really like what I am seeing. This is a long report with a good amount of discussion and about 30 charts, enjoy.

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SPX - The General Markets broke out as expected, but we have yet to see follow through.

Let me show you something interesting ...

Still On Target

January 27, 2017/163 Comments/in Premium /by Alex - Chart Freak

It's Friday, the last trading day of the week, and things are continuing to move ahead, right on target. Let's take a look...

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When I pointed out the USD on Wednesday, we were looking at a new low on day 32, with a peak on day 16.

Thursday January 26th

January 26, 2017/103 Comments/in Premium /by Alex - Chart Freak

SPX JAN 24th - Tuesday, we were expecting an upside break out, and we also viewed the DOW with a tight bollinger Band squeeze.

SPX - Break out

Wednesday Jan 25th

January 25, 2017/174 Comments/in Premium /by Alex - Chart Freak

Some of our trades are running and others have paused. We'll discuss this as we go through our market review.

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SPX - This looks like an inverse H&S and looks to be breaking out higher. The SPX and Nasdaq did hit new highs.

Let's look at the Dow Jones ( Dow 20,000?)...

Are They Peaking or Peeking?

January 24, 2017/97 Comments/in Premium /by Alex - Chart Freak

Is what Peeking or peaking? Let's start with the USD-

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The USD was rejected at the 10 & 50 sma last week, but it is in the timing area for a bounce.

JAN 20 – The SET UPS

January 22, 2017/119 Comments/in Premium /by Alex - Chart Freak

The weekend report discusses the current set ups in various sectors, with a bit more focus on the precious metals sector.

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SPX WKLY - I'm not saying that the General markets cannot go higher, this riding along the upper wedge can continue, but this wedge does tell me that I should expect a pull back sooner or later. We'll continue to monitor that as it plays out.

Remember that I mentioned this last week too...