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Thursday Jan 25

January 25, 2018/172 Comments/in Premium /by Alex - Chart Freak

SPX - The General Markets continue higher, and the pull backs have hardly been below the 10sma. This is a doji candle and usually leads to a reversal top, we are due for a deeper drop, but as I have been saying for weeks and months now - just use a trailing stop and you can stay long in this type of bull run ( Some are in UPRO, UDOW, etc).

Looking For Wednesday Follow Through

January 24, 2018/201 Comments/in Premium /by Alex - Chart Freak

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Let's get right to yesterdays action...

January 23rd – Still Waiting

January 23, 2018/187 Comments/in Premium /by Alex - Chart Freak

SPX - I believe this is day 44 of this daily cycle. It looked like a bull flag going into the weekend, and it did break upward, but it is late in that daily cycle. I would expect a small pull back soon. These are very bullish markets.