Exclusive Strategies

February 8th – Just Stay Frosty

February 8, 2019/in Premium /by Alex - Chart Freak

We have been expecting a bit of pull back in the General Markets, and it would likely start after the SPX tagged that 200sma. I am not expecting a wash out sell off, it will be more of a ' Buy the Dip' type of pull back into the first dcl, but if you want to hold on to most of your recent gains? Then at the first signs of cracks in the ice, you would certainly tighten stops or take some profits. You want to Stay Frosty for a while.

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SPX - The SPX tagged that 200sma, dropped to the 10 sma, and bounced bit into the end of the day. We are on Day 30 and I expect this to eventually back test the 50sma.

Thursday February 7th – A Mixture

February 7, 2019/in Premium /by Alex - Chart Freak

February 6th – Wednesday Watchfulness

February 6, 2019/in Premium /by Alex - Chart Freak

I've been mentioning that we could start to see some short term changes , possibly as soon as Wednesday of this week. Let's take another look at the reasons on the charts...