Monday Review And Core Discussion

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SPX - Not much has changed over the past several days, but consolidations often lead to strong moves.

SPX 8-1

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Strong Bulls

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We've been seeing some strong Bulls running in 2016, and I dont think that the show is over yet. That is great news, lets take a look in our weekend review...

 

SPX - We've seen a break out to new all time highs and a sideways consolidation for weeks.

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SPX WKLY - Possible back test or it may just break out higher. If it just keeps going sideways and dips down into a dcl, the back test could occur then too. We'll watch it as it plays out.

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Friday Thoughts

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Yes, I liked that picture so much that I decided to carry it forward to Friday.  PLUS, I'm still waiting for the recent purchases to really run strongly 🙂 .  Some of our stocks were green Thursday, even though Gold and the GDX sold off. Lets discuss our markets for a brief Friday report and then review Miners.  This is the last trading day of the week, so there is not a lot of new things to say.

 

 

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