Buy Sell Or Hold

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I've been expecting a multi week rally in the markets since Feb 11, and so far it is pretty lack luster.  I noticed weakness in the SPX on Monday and mentioned that I thought this would cause the 'rally' to stall.

  I posted this chart, read the writing.

SPX 2-22

The SPX was rejected at the 50 sma.

  SPX 2-23 Read More

Wash Rinse Repeat

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Well, I had a weekend report with 32 charts and not much has changed in one trading day,  so lets do a little review and then look at some trade set ups.

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Last week we saw a healthy set up for a move higher

SPX 2-17

This week...

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Rockets

/34 Comments/in /by

We have been on a rocket ship ride for a month now in Gold & Miners.  Whenever someone posts a "Rocket" as a headline picture in their report,  we usually immediately get a pullback.  I'm ready, so I thought that I would give it a try 🙂

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This is the rocket (this was my chart from Feb 16). 

GOLD 2-16 b

We will discuss Precious Metals in a moment,  but first lets do a complete review starting with the SPX...

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