Never A Straight Path

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The twists and turns of the markets continue.  There is so much going on , that this is like a weekend report, with 22 charts.  Lets take a closer look.

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SPY -  After hitting some overhead resistance , yesterdays sell off remains within acceptable parameters, however...

SPY 2-2

The BANKING INDEX still looks ugly.

BKX 2-2

This is GS for example. 

GS 2-2

Will markets keep rising with an ugly banking sector?  Lets dig deeper...

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2-2-2016 – Lets Check This Puppy Out

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It has only been 1 trading day since the 2 weekend reports were released, but we can still check this puppy out and see if everything is as expected. To the charts!...

 

SPX - The markets sold off, but were bought back as the day ended. We still have plenty of time for upside to continue. 

SPX 2-1 Read More

Part 2 – They Bought Something, Did You?

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Over the past few weeks , there have been a lot of buying opportunities. Long precious Metals,  ETFs that allow you to Short the markets, etc.  I have about about 50 more charts  (in addition to Part 1 of this weekend report) to further  discuss the buying opportunities currently forming.  To the charts ...

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When The NASDAQ back tested that break...

QQQ 1-27

You could have bought TQQQ low risk at $80 with a stop right below the lows. Since  I think there is more upside, it is still a buy if you ask me. Especially if we get a dip in the markets. See also ETFs like UPRO, SOX, AND TNA

TQQQ

There is much more...

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