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We re-entered Energy/ OIL stocks for a while waiting for Oil to POP. It really popped yesterday and overnight too, thats a perfect reminder that patience pays off if you're looking at the charts correctly. Gold & Silver Popped overnight and we'll discuss that, there is a Bullish and a Bearish Scenario that I have been pointing out and believe it or not, both are still possible. Then I have one more important reminder to point out. Lets get to the Charts...
This was my NASDAQ BEARISH WEDGE - from yesterdays report
This is the NASDAQ chart after yesterday...
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Alex - Chart Freak2015-03-26 12:24:502015-03-26 12:36:57Nice RemindersLets discuss the overall markets and then I'll tell you why I am looking for clues...
QQQ - Not much has changed, this takes time to play out, this was March 23
So we look at what happened since then...
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Alex - Chart Freak2015-03-25 12:06:112015-03-25 12:06:11SEARCH FOR CLUESNot a lot has changed since the weekend report, so lets just look at some charts...
March 20 - The NASDAQ looked due to pullback
SO did it start to pullback, and if so, how far is it likely to do so?
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Alex - Chart Freak2015-03-24 11:17:322015-03-24 11:17:32Still A Wedge?
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