Thursday Aug 29th – There Are A Few Choices To Be Made

/in /by

In this report, I want to review the markets and discuss a few choices that we have at this point...

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Wednesday August 28th

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We are invested in the Bull Market of the Precious Metals Sector, and even though the weekly charts are looking a bit extended, we keep seeing surprises to the Upside, as upside targets continue to get hit. I did mention in the weekend report that this could be an up week for the Miners,  so let's take a look at the Market action ...

 

I'm not going to spend a lot of time on other sectors, there has been no important change. As a quick review...

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SPX - No change, and this recent trading range could be a back test, held back by the 50sma.

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Tuesday August 27th

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If you were watching the 'Futures' on Sunday night, then you know what kind of price action & volatility the markets experienced.  If, on the other hand,  you simply look at the charts after the close on Monday,  you wouldn't really notice anything out of the ordinary.  Let's take a look at what is happening with our various Market Sectors...

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