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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...
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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 As I sat on the plane returning from my trip yesterday, I thought of the Chartfreak Readers while having a beverage & some Crackers 🙂 I noticed that Gold was selling off, but Miners seemed to be holding up fairly well, and I wondered if that would continue through out the rest of the day.
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We'll discuss Precious Metals after a quick review of the markets and a friendly reminder that TODAYS TRADING CLOSES AT 1 P.M. IN THE U.S.
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