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Not a lot has changed from the weekend report, so lets review the charts.
Nasdaq March 2
Certainly has had the bullish follow thru that I expected, right to 5000. Is it going to continue though?...
Read MoreSince I have 32 charts in this wkend report, lets just get right to the weekend wrap up and discuss future possibilities, shall we?
Feb 25 - I felt that the NASDAQ is close to a 'rest' here or near 5000, and then pull back.
Does that mean it's done and going to fall apart, or just a small pullback, maybe even sideways move ?...
Read MoreIf you've been reading here at Chartfreak for any period of time, you know that I really do try to listen to what the charts are telling me and leave any 'bias' out of the equation. We dont fall in love with certain ideas or stocks, we dont look at all things through rose colored glasses, and this helps us to remain flexible. With that in mind, I wrote a mid-day update yesterday alerting my readers to some changes I was seeing. Lets examine what changed and what else we may see changing soon. I posted this chart of GOLD -
GOLD broke out of a downtrend that I had been watching . I said that I became a buyer of Miners...
This doesnt indicate a long term trade is guaranteed, so let me point out a couple of reasons why it may or may not be...
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