This gallery contains 27 photos.
The recent volatility continues today in the PM complex. Another day of sideways trading in the daily bar combo chart showing the August expanding falling wedge. Today is an interesting day in regards to the H&S tops that have been … Continue reading
This gallery contains 11 photos.
Today the potential H&S tops on this daily line combo charts we’ve been following look a little more formidable. Below is a daily line combo chart which shows the August trading ranges. The smaller H&S tops forming at the last … Continue reading
This gallery contains 6 photos.
I am making a market strategy adjustment and I thought I would pass it along. It’s actually consistent with the charts that Rambus has been presenting so I thought best I post it on the main page. Why the change? … Continue reading
This gallery contains 8 photos.
Lets start with the daily bar combo chart for the PM complex which shows the August trading range still under construction making lower lows and lower highs for the most part. Below is the daily bar PM combo chart showing … Continue reading
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The order I put in last week to take a 2nd position if we got a breakout above the top rail of the blue rising flag which was hit earlier this morning. I bought 1650 shares at the market at … Continue reading
This gallery contains 8 photos.
Since the markets are closed today I would like to take a few minutes and go over one of the trades in the, Leveraged Trade Portfolio, that I recommend last fall RETL, a 3 X long retail etf. Compared to … Continue reading
This gallery contains 7 photos.
I would like to take a look at the recent action in the GDX and consider whether the gold stocks have now completed the correction which began in early August 2020. It appears to me that the internal action demonstrated … Continue reading
This gallery contains 17 photos.
When there appears to be a critical inflection point in any market it is alway important to go back and look at some long term charts so you don’t lose sight of the big picture. The big picture can also … Continue reading
This gallery contains 6 photos.
Lets start with a quick update on the daily combo chart for the PM complex which shows another day of consolidation within the August trading range with the exception of GLD which broke below its neckline today with a big … Continue reading