Half Day Friday

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In the U.S. , the stock market is only open for a 1/2 day, so I wanted to  discuss the Precious Metals...

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November 21st – Spin The Wheel

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Expect Light Holiday Tradin’ ?

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One would expect a light volume holiday trading week, but so far many of the charts that I looked at have normal or average volume.  Maybe it will lighten up each day, but let's take a look at what trading took place  after the weekend report.

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SPX - The markets have been choppy and instead of that inverse H&S pattern  breaking back above the 200 sma again, Monday the Markets dropped.

 

I used this chart in the weekend report along with the increasingly ugly charts of FB, GOOG, NVDA, and even the IWMs lack of strength, to show the current weakness.  I warned again that if we don't see strength soon, we may see an a-b-c drop that looks like this on the General Markets Weekly Charts.

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