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With the current market set ups, we have seen some choppiness. I raised my stops and got stopped out of a few positions, and I may just strike that balance between cash & positions until things settle down a bit. Let's take a look at the markets.
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SPX - The SPX lost the 10sma again and the MACD crossed down, and this would normally look a bit more bearish than bullish . Last week I took a position in the SOXS, but I'm going to show you why I decided to close it for now.
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Alex - Chart Freak2019-03-28 11:33:022019-03-28 11:33:02Thursday March 28 – The Balancing Act
SPX - With a peak on day 9, price dropped, and then barely recovered the 10sma Tuesday.
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Alex - Chart Freak2019-03-27 11:27:262019-03-27 11:27:26March 27th – Market ActionToday I want to discuss the Precious Metals in more detail. This weekends report covered it extensively, but I think that a part 2 would be helpful too, so this report is going to be mainly be focusing on the Precious Metals Timing.
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Alex - Chart Freak2019-03-26 11:17:212019-03-26 11:19:38March 26th – What Time Is It?
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