June 15 – Relax, It’s A Fed Wednesday
This was my thinking from yesterdays report… This is how Tuesday ended. We lost and regained the 50sma and today is Fed Wednesday. Will the 50sma hold or will this drop to the 200sma? Lets look at 2 more things.
Pre-Fed Syndrome Again
Monday we saw a little more selling in the general markets as we approach the Fed meeting Wednesday. I have been bullish for a possible break out to new highs, but recent action is less bullish and it may be that we wont know for sure until after Fed Wednesday. Tuesday may also be a […]
June 11th Weekend Report
After we review the general markets, Oil, the CRB, etc, this weekend report will focus mainly on Gold, Silver, and Miners. To the charts… . SPX – This is a Fed Week, so I am watching the markets very closely at this critical area. This is rather early in the daily cycle, and if this […]
