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For the weekend reports, I am trying to cover all of the sectors and point out where we are in time and what we are looking for in the big picture. During the week, I focus mainly on things like stock picks , trade set ups, day to day progress and expectations for the various sectors near term. In some cases, when advantageous, I'll cover daily charts in the weekend report too. This weekend I will do a little of both. Let's take a look at our Big Picture expectations.
SPX DAILY - We are running late in this daily cycle, so it is due for a dip into a dcl. The markets have been very bullish and buyers have bought each 1 day dip lately. Now - Look at the Last week of July & the First week of August. We may have a similar formation now, however a POP in any direction can take place first. Trailing stops work the best here.
Weekly charts ...
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Alex - Chart Freak2017-10-14 21:51:082017-10-15 12:27:24OCT 14th Weekend ReportFriday - The final trading day of the week. Today I want to cover Oil, Natgas, Gold & The Miners, and some trade set ups.
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Alex - Chart Freak2017-10-13 11:53:502017-10-13 11:53:50Fridays TradingWednesday had some action, let's take a look...
QQQ - I not only feel that we are getting late in the daily cycle, but there are other signs that this has been a good bull move( RSI), but that this also is approaching a top here.
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Alex - Chart Freak2017-10-12 11:18:032017-10-12 11:19:17Thursday- October 12th
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