WKEND REPORT- GOLD & OTHER “STUFF”

In this weekend report I wanted to briefly review various sectors as we usually do.  We have been quite focused on Energy and recently I was calling for the double bottom lows in NATGAS.  We have seen these ideas play out perfectly.  Now, in this weekend report, we're mostly going to focus on GOLD/SILVER/MINERS.  I have about 40 charts and this will be my longest wkend report to date, enjoy!

SPX & NASDAQ - I have pointed this out for many weeks now. Very trade-able lately, buying dips, selling rips.

SPX WKLY 4-24 one

Here is the NASDAQ...

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UNDER PRESSURE

Quick update for readers here on Gold & Silver.

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Taking The Lead

 FED WEDNESDAY came and went and it rocked many of the areas that we anticipated.  We have been invested in Energy stocks for some time, so we actually benefited from the upward push that many of the energy stocks received.  Along with Energy and a few other areas of interest, we have also recently discussed the precious metals area again, and I sent out an intraday alert on Tuesday regarding the set ups that I had been watching.  So why the puppy with the leash?  Notice this...

GOLD

GOLD 4-29

You can see that Gold had started breaking upward this week, and Wed it reversed into the close.  Now notice Silver...

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