You are here: Home1 / Exclusive Strategies
The past few weeks of trading have been very good. Active traders have been able to find set up after set up, especially in Miners and now Energy. Some that Bought Miners in late May and Early June are still reaping rewards, and we have been looking at Energy trades for the past 2 weeks too. I am just a little torn about what I am seeing in some areas. For example, The General Markets broke to new highs and consolidated, but the VIX is very low. Also I've mentioned the lack of follow through in Golds Pop at the open for the last 3 days, etc. Lets go through our weekend update and review our weeks activity.
.
SPX - After a long sideways consolidation, we had a pop and basically more consolidation.
The Markets should have a strong move after such a long consolidation, but so far they are just continuing sideways and the VIX is at a point that usually ushers in a temporary top. Cycle-wise, we are due for a DCL soon, so I'd expect that we get a drop soon.
.
SPX WKLY - That drop could back test the break out or the 10ma.
Read More
https://chartfreak.com/wp-content/uploads/sites/18/2016/08/TORN.jpg
622
963
Alex - Chart Freak
https://www.chartfreak.com/wp-content/uploads/sites/18/2019/11/Chart-Freak-site-logo.png
Alex - Chart Freak2016-08-14 23:25:442016-08-14 23:43:40WEEKEND REPORT Aug 14- TORNI wanted to share a thought on Gold, Miners, and Oil
.
WTIC - Oil remained bullish with the bullish follow through on Day 6. There may be resistance at the 50sma, but so far this looks good.
Read More
https://chartfreak.com/wp-content/uploads/sites/18/2016/08/choppy.jpg
521
803
Alex - Chart Freak
https://www.chartfreak.com/wp-content/uploads/sites/18/2019/11/Chart-Freak-site-logo.png
Alex - Chart Freak2016-08-12 13:07:522016-08-12 13:07:52AUG 12 – Navigating Choppy WatersWe were expecting the start of a pull back, so I posted this NASDAQ chart along with the Vix and a few other charts
Now lets look at the latest developments...
Read More
https://chartfreak.com/wp-content/uploads/sites/18/2016/08/SLOW.jpg
526
883
Alex - Chart Freak
https://www.chartfreak.com/wp-content/uploads/sites/18/2019/11/Chart-Freak-site-logo.png
Alex - Chart Freak2016-08-11 06:43:442016-08-11 06:44:48Thursday August 11
Scroll to top