You are here: Home1 / Premium
Another great week of trading! Lets wrap this week up...
.
SPX - Will Friday s Job report end the recent rally? We are approaching resistance.
Read MoreTrading has been amazing, and there are still some set ups that we can examine. Lets get to it...
.
WTIC - Starting with OIL, this looks set up to pop. I pointed out a possible bottom in oil a couple of weeks ago , and I mentioned that when Oil broke to new lows, some Oil stocks like WTI had higher lows and held up nicely.
Now look at this ...
Read MoreThe markets are basically moving as expected, so without a whole lot of change, there isnt a whole lot to talk about. We'll do a quick market and then discuss some trade ideas.
.
SPX- Good follow through.
I've been discussing a rally for 2 weeks now, but where do I think this is heading?
Read MoreThe markets have been quite volatile and choppy, and that can be difficult to trade. At chartfreak, we've been focusing on bases and up trends, so lets do a market review and discuss this further.
.
SPX- I've been saying that I expect higher price, but this has been quite choppy. If we dont get a surge higher soon, this could become an overbought bearish rising wedge.
.
Read MoreWe reach the end of the month on Monday, so Monthly charts will come in to play too. Right now we'll take a look at how things are playing out using weekly and daily charts.
.
Read MoreThere were reversals all over the place yesterday. From the Market sell off and Oil reversing higher, to Gold and The Miners breaking out only to turn lower. What can we expect going forward?
.
SPX - Volatility has produced many reversal here at the lows, but I think they were just clearing everyone out before a run higher.
In an earlier report, I pointed out this possibility, and we see it playing out...
Read MoreI've been expecting a multi week rally in the markets since Feb 11, and so far it is pretty lack luster. I noticed weakness in the SPX on Monday and mentioned that I thought this would cause the 'rally' to stall.
I posted this chart, read the writing.
The SPX was rejected at the 50 sma.
Read MoreWell, I had a weekend report with 32 charts and not much has changed in one trading day, so lets do a little review and then look at some trade set ups.
.
Last week we saw a healthy set up for a move higher
This week...
Read MoreWe have been on a rocket ship ride for a month now in Gold & Miners. Whenever someone posts a "Rocket" as a headline picture in their report, we usually immediately get a pullback. I'm ready, so I thought that I would give it a try 🙂
.
This is the rocket (this was my chart from Feb 16).
We will discuss Precious Metals in a moment, but first lets do a complete review starting with the SPX...
Read More
Scroll to top
