The Technical Traders View on Gold, SPX and Financial
It was a non stop sell off last week in equities as the SP500 sold down 4 days straight with a small move up on Friday. While investors were cashing out of stocks, we saw that money move into the big shiny yellow safe haven – Gold.
I have…
Dow, Gold & Oil are Breaking Out or Bouncing
Sunday June 20, 2010
Over the years we have seen the stock market make some pretty exciting moves for share holders. This year alone there have been some interesting events unfold causing wild market swings which most of us did not think could…
Simple Easy to Ready Gold & SPX Trading Charts
June 16, 2010
It’s been a bright week so far for stocks and commodities. It appears that the down trend could have ended as of yesterday (Tuesday June 15th). In this mid-week report I figured I would bring back the 80’s colors to see if…
SP500, Oil and Gold Trading at Resistance Levels
June 16, 2010
It’s been a bright week so far for stocks and commodities. It appears that the down trend could have ended as of yesterday (Tuesday June 15th). In this mid-week report I figured I would bring back the 80’s colors to see if…
SPX, Gold & Oil on the VERGE of Something BIG
Wednesday June 9th
Market volatility continues to shake things up making it profitable for traders who are quick to spotting key reversal points, manage risk and taking profits before it evaporates. On Tuesday we saw the market go up and down…
Broad Market Internals Are Pointing To Higher Prices
It was another extremely volatile week sharp rallies followed by sharp sell offs. Fear is in no doubt controlling the market. The bulls and bears continue to battle it out. The charts below cover some important trends and market internals I…
How to Read Market Internals for Trading the SP500 and Gold
It’s been a very exciting week so far for gold and SP500 traders as we take advantage of mass crowd behavior. Trading against the masses can be very profitable during certain situations but more times than not it’s a great way to lose money…
Trend Trading Gold, Silver, Oil & SP500
May 30th 2010
Last week looked and felt like a pivotal week for both stocks and commodities. The past two weeks have had investors and traders in a panic as they try to find safe investments for their money. After watching and reviewing the…
The Gold & Silver Precious Metals Correction
Wednesday May 26th
It’s been an exciting week for traders as volatility levels are through the roof and the broad market is moving up and down like a yoyo. You cannot take your eyes off the screen if you have a large amount of money invested…
How to Trade Market Bottoms for SP500 & Gold
May 23 2010
The stock market topped in April which was expected from analyzing stocks and the indexes. Back in April I posted a few reports explaining how to read the charts to spot market tops. Today’s report is about identifying market…