June 6 – Lining Up
Everything that we have been discussing is still lining up. Lets review… . SPX – I have been expecting a bullish rise since the lows in February, and a higher high after the DCL. Quite interesting that even after a very weak jobs report Friday, the chart remains bullishly lined up.
June 4 Part 2 – The Golden Egg
This is part 2 of our weekend report, and it will focus on the Precious Metals Market. In Last weekends report, I pointed out this very important chart. What was I trying to draw attention to? GOLD– Using Cycles, the Intermediate Cycle Low (ICL) , a very meaningful bottom, has been arriving every 4-5 […]
June 4 – Shocked
I believe there were a lot of shocked faces Friday after the release of the Jobs Report. The Dollar absolutely tanked and Gold surged higher. In fact, GDX was up over 11% by the close. Was it completely unexpected here at Chartfreak? The dramatic fashion that things occurred was a little surprising, but I have […]
