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When the markets are volatile and choppy, it can be difficult to buy and hold a position for anything more than a day or two. We have had some very choppy markets lately. The good news is that the current set up that I am seeing in the markets currently may provide an opportunity to 'SHOP' with a little less "CHOP".
SPX - The blue lines point to the type of run I think we will see. We may have a pause or two, but I expect higher prices.
Read MoreThis report covers a lot, especially when we get to the precious metals - Gold, Silver, & Miners part, so lets just get right into it.
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SPX - It has been a very volatile market, but let me discuss why I am getting signs of a meaningful trade-able low here (or very soon).
Read MoreAre you seeing flashing RED and GREEN lights in your sleep? You are not alone. The markets have been volatile and even short term traders may be finding that if you dont lock in immediate gains or at least take partial profits, then next day the trade can flip against you. lets look at some charts and see where we are currently...
As I write this report, this is where the futures are. A lot of GREEN so far ( Gold is actually up $4 from the close of 1157.40, I dont know why they show up here as down at 1162.00)
I sent out a cautionary update in the afternoon yesterday, lets discuss that first ...
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