Exclusive Strategies

Another week has passed by and many of the recent trade set ups like MACK, NAK, VSTM, NATGAS, etc  mentioned are enjoying their following through.  We also remain on the watch for that next big set up in Precious Metals.  let's take a look...

 

SPX WEEKLY - Timing wise, the markets are due for a dip down, That doesn't end the bull, you can see these are normal dips to ICLs along the way.  The MACD gives this more of a double top look too.

The NASDAQ ( QQQ here)  has been very strong and earnings season hasn't stumbled it either.

Look at this view and you'll see that it looks very similar to the Parabolic blow off top in 2000.  This ending is not out of the question.  Let' s just take a closer look at that time period.

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