JULY 8TH WEEKEND REPORT

/in /by

I know by now you know how I feel about the Precious Metals Sector, but maybe the Theme Pic will help to clear up any doubt at a glace. 🙂  We will discuss all of the Market Sectors, but the main focus is still on Precious Metals.

.  

THIS IS A CHART OF THE SPX FROM FRIDAYS REPORT- The 'but' part was simply that I am  expecting a L.T. daily cycle after a rally, so I keep that in the back of my mind...

 

SPX WEEKLY- And we have a weekly reversal that should have follow through higher too. The RSI held the 50% line too, so it is a bullish set up here at this point.

Read More

JULY 6TH- FRIDAY

/in /by

It is the final trading day of the week, so this report will just be a quick summary and will also include a few trade ideas

 

SPX - I think that we have a dcl. In tech analysis, you would expect a possible run to the upper trend line, but...

  Read More

Thursday July 5th

/in /by
 

SPX - The General Markets gapped higher on Tuesday and the rolled over again.  The 10sma is rejecting price, so we still do not have a confirmed DCL, but we are due for one and we do have a swing low unconfirmed.

Read More