Gold Is Attempting To Recover
After modestly overshooting our support level last week, Gold is attempting to recover those levels today. If it succeeds, one scenario sees it much higher.
After modestly overshooting our support level last week, Gold is attempting to recover those levels today. If it succeeds, one scenario sees it much higher.
In an overall bearish market, it’s important to ensure than anything we’re looking to get long is “firing on all cylinders”. Let’s look at a few of the setups that are showing good trend, structure, and momentum characteristics across multiple time frames.
This week we get Retail Sales, Fed Speak, WMT Earnings, Options Expiration, and who knows… More from China or maybe Russia? The point is that there is more than enough on deck to make a difference. Let’s take a look at a few ideas.
Long term sell signals mixed with near term exhaustion, what does it all mean? Let’s review.
Let’s do what we do every Friday, and review the core markets and the periphery to see how things are aligned into next week.
In this video I discuss why it makes sense for the market to go up for just a few days before selling off into May Monthlies.
Despite the broad markets’ wild fluctuations there’s one stock I’m eyeing that’s held well through all of it. Not only do we have a technical setup, but we’ve also got some fundamental reasons to think the drink manufacturer may continue to thrive in this environment.
In this video I discuss a rip higher before re-testing /NQ 11,700 heading into May Monthlies.