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Judging by the intensity on that pitchers face? I'd say he's throwing some heat, maybe a fastball. When it comes to Metals and Miners , however, I think many were fooled the recent action and in that case you may hear them say, "It really threw me a curve ball! " Understandably , the past few years in Metals and miners have been ugly for the bulls, but there were definitely a number of factors that helped us here at Chartfreak to navigate the recent lows, and identify that this was NOT a break down. Its slowly becoming clearer to all that Miners were telling the story and Metals were not forming a bear flag as some suspected. Metals have been putting in some constructive lows. The move higher might become rather swift at this point too , and I'll show you what I mean in this report, but the real question is... Are these rallies going to last? Or should we be alert to future downside? We'll address that too. To the Charts!!
First the general markets. please read this chart .
Not much has changed in my thinking about the possibilities for the general markets going forward, lets review...
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Alex - Chart Freak
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Alex - Chart Freak2015-01-13 13:45:382015-01-13 14:42:07Was That A Curve Ball?Are you looking for another miner?
I have been posting some good buy set ups, and they have played out very well. If you missed them or I know that some have even told me that they took profits recently, only to see them continue higher. What to do? Look for another decent "set up". SO I want to share a some good looking set ups here with you now.
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Alex - Chart Freak
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Alex - Chart Freak2015-01-12 18:01:082015-01-12 18:01:08Looking for a Miner?I like to look back at the end of each week and just see if the charts are telling us anything new. Are they confirming what we expected ? Are there new implications? Is there something there can boosts our confidence moving forward? This week , I see all of the above . Lets review .
Lets take a look at the $USD for a moment- practically straight up
Ooops, wrong image, but they look the same. Here is the correct chart of the $USD
Is it really going to pause? Well, lets look at a few other charts ...
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Alex - Chart Freak2015-01-12 13:48:492015-01-12 14:15:58Week ending Jan 9 Review
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