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There are areas of the markets that are looking quite inviting, so lets review the first day of trading in 2017 and see what we can find.
SPX - From the weekend report, I expected a bit more of a drop.
SPX - Good volume on the reversal, this could continue higher.
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Alex - Chart Freak2017-01-04 12:26:072017-01-04 12:26:07Looks InvitingIn my opinion, the year 2016 ushered in a traders paradise. Let's take a look at where 2016 left off , and where 2017 begins.
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SPX - As expected, the S&P 500 is selling down at this time, possible target shown.
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Alex - Chart Freak2017-01-02 05:33:532017-01-02 05:33:53Weekend Report- January 1stThis is a BONUS report, but please know in advance that this report is not being written to encourage all of my readers to invest in this area. It involves what could be considered higher risk trading, so while I welcome everyone to read it through, please know who you are as a trader / investor and do not take unnecessary risk. Look at that Theme picture again. If that is not you, then please proceed with caution. 🙂
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Alex - Chart Freak2016-12-30 14:01:222016-12-30 14:19:41HIGH RISK
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