Exclusive Strategies

Feb 16th Weekend Wrap

February 17, 2019/in Premium /by Alex - Chart Freak

We have a lot to discuss, and I have a special section on the Precious Metals that should interest everyone here, so let's get right into it ...

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SPX WEEKLY - The market continues to rise out of its V-Bottom. It has now broken out over the 200sma on a daily, and that means that it is above the 50 week ma. I am using red arrows to show other slam down ICLs and their recoveries.

Fridays Final Trades

February 15, 2019/in Premium /by Alex - Chart Freak

Good News, Bad News. The Good News is that in the U.S. we have a 3 day weekend to rest up and enjoy time with family and friends. The Bad News is that in the U.S., we have a 3 day weekend. I don't know about you, but at times I hate it when there is no trading Monday. Earlier in the week I was lamenting that some of the trades were choppy and not really going anywhere, but toward the end of the week the gains started adding up and now I'd like to see this continue Friday and into Monday, but I guess many of us will need to wait until Tuesday. So let's take a look at a few things on Friday, our last trading day until the 3 day weekend.

Thursday February 14th – Expectations

February 14, 2019/in Premium /by Alex - Chart Freak

NASDAQ - The NASDAQ has now reached the 200 sma. We are getting late in the daily cycle.