• Stocks Trends Continue to Move Sideways

    Stocks and Indices continue to trend sideways Outside the first trading day of the month, the market has absolutely gone nowhere. Stock trends in general have been totally sideways or in more technical terms, “consolidating”. 

    By |Published On: June 27, 2017|2 min read|

  • End of Quarter Window Dressing Ahead

    Prepare for the funds to start window dressing their quarterly and 6 month reports This is one of those points in the year, where the funds become very concerned by their performance. So much so, that they’ll start what is commonly known as ‘window-dressing’ their portfolios with all the right stocks so that they can

    By |Published On: June 26, 2017|3 min read|

  • More Sideways Price Action from the Indices Likely

    The ugly sideways price action is likely to persist I think that we are likely to see more of the same price behaviors yet again today. Yesterday’s price action started off typical, open lower, and then spend the rest of the day rallying back towards break even on the day.

    By |Published On: June 7, 2017|2 min read|
  • double top trade setup in gld gold

    The Line in the Sand for Gold

    While the SPDR Gold Trust (GLD) is having a solid day of trading today, there is some developments that should be of concern for you traders holding a long position in it.  Now, I’m not saying to short it right here, right now. Far from it, because it could easily breakout to new highs

    By |Published On: August 16, 2016|1 min read|
  • gold bounce play swing trade 20-day moving average

    Gold Is Ready To Bounce Technically – Here Is Why

    Huge support underneath SPDR Gold Trust (GLD) right now which is what immediately attracted me to this bounce setup. Maybe it doesn’t hold but it has such a clear level of support, that if it does not hold, I can get out of the trade with a minimal loss.  If the trade works, then

    By |Published On: July 19, 2016|1 min read|
  • top in gold ready for a sell off not a good asset for inflation

    The Top in Gold

    Gold and precious metals in general have been a darling of the market so far this year, and I’m sure by writing this post, I’ll get some angry tweets, and messages as a result.  But hey, I am here to read and follow the charts, not make people feel good about their existing long positions. 

    By |Published On: June 21, 2016|1 min read|