GOLD Daily Cycle low

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Weekend Update

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Another week has come and gone, lets do a review and see what it may tell us we might expect going into the next week of trading.

That was a fast week of selling in the $SPX , wasn't it?  : )

$SPX  

I had pointed out the first area of support last week and we already arrived there Friday...

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The larger View

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  The Big Picture .  Its important to your investing to know what you're looking at, each piece  big  and Small together.  Why? Sometimes it can help us to be patient and wait for the best trade set ups, other times it gives us confidence that our trade ideas will have positive follow through or minimal downside risk. Both are important as we watch the movement in the markets unfold. Well,  Today is Friday and not a whole lot has changed from the report yesterday, so I want to do a quick review and after today we can do a weekend report that may shed even more light on things.

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