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I'll tell you whats up. The SPX , DJIA, NASDAQ, IBB, IWM, SOX, USD, OIL, OIH, XLE, SILVER, all closed higher and GOLD & GDX were for up for most of the day too. Yes, it was Green just about everywhere except for NATGAS. Lets discuss the points of interest.
This is basically what the SPX, NASDAQ, DJIA, IWM, etc. all looked like.
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Alex - Chart Freak2015-10-16 11:04:342015-10-16 11:53:56Whats Up?Some of the 'set ups' mentioned last week are running now, other stocks that ran recently have pulled back and may be currently setting up to make another run higher. Lets discuss this after our market review. Something interesting may be happening there too.
From yesterdays report, we saw this in a few sectors
Now we are getting a little follow through to the downside
This caught my eye however...
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Alex - Chart Freak2015-10-15 11:32:172015-10-15 11:43:00RunningThe markets didn't move in quantum leaps yesterday, but there was a little change in how we may want to view things. Lets discuss what stayed the same and what may have changed.
IWM - We saw a reversal at a point of resistance
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Alex - Chart Freak2015-10-14 11:34:422015-10-14 11:50:37Just A Little Change
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