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1. Last Night I mentioned to my readers that I was seeing a drop in Gold coming. Gold was at $1212, and I posted this chart saying that we could see a drop to $1200. That is not a big deal, but we are waiting for a short cover rally, so apparently we had to 'expect delays'...
2. The drop started here, and I posted this in the comments section. Again, not a big scary concern, just Expect delays..
Let's talk about Gold $1200
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Alex - Chart Freak2018-08-29 11:33:012018-08-29 11:33:01AUGUST 29th – Here AgainA Monday night report should be short, because we've only had one day since the weekend report, but Monday was a very active market. This report will be longer than the usual Monday report.
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Review SPX August 21st - This was last week, and we saw the SPX meet up with 2 resistance points.
SPX WEEKLY Aug 24th - So for the weekend report, I drew that same resistance here. It could climb along the upper magenta line, but would need to break the blue line first...
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Alex - Chart Freak2018-08-28 03:13:002018-08-28 03:24:46August 28th – Things Are PoppingFriday seemed like some sort of an anti-gravity day, with most sectors climbing nicely higher. We even had Swing Lows enter the dance floor, so let's take a look at our current market set ups...
RUSSELL 2000 - We looked at IWM and TNA earlier this week as buy signals, and we have follow through. Raise stops and see if they continue higher ...
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Alex - Chart Freak2018-08-25 22:35:572018-08-25 22:35:57August 25th – Do The Weekend Swing Dance
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