Here's the SLV Daily chart to show the break downwards from the mini consolidation. It is significant to note that not every wiggle is a missed...
SLV dropped below the tight consolidation around 21. The drop came before the market open so only those paying attention to the futures got a...
XLE daily is showing early signs of weakness. These could be from demand getting exhausted after pushing the price beyond the overbought position...
And I thought I would have gone unnoticed, flying under the radar. Little did I know how little some minds miss. Gringo
Niko, Booo haa haaa haaa :D. No stress. You're are a feather. Let the winds take you where they may. Don't think of it in terms of riding...
A few years ago there was a conversation I had with a six or seven year old. We're at a lake and the boat is coming in to take him for 'tubing'....
Nice work Niko. I am going through one by one and quite a few look almost the same. I'll keep posting them separately simply because my colour...
You were figuring out reversals while watching Sherlock? I mean are you human? :eek: Gringo
I don't want to jinx it but kind of looks like a straight line to me as far as the price move in concerned. Just sitting on the demand line and...
Why would you want to enter now? Notice the large move up. 40D just managing his long now. Once the exit takes place then one could look at...
But...but..my moving average has been pointing upwards all along. Why would you bother thinking so much about price when the MA is so clearly...
First analysis is of the energy sector. For that I have used XLE. I could have used DJUSEN and the analysis would have been almost the same. I...
Db is famous for turning muchachos into hombres. :) Gringo
This journal is to keep an eye on the industry sectors and perform sector analysis using pure price action. Although there are many wonderful...
I prefer ETFs. Yes, I'll post something about the sectors but have gotten busy today. Gringo
We'll start with ETFs and when the times are slow delve into individual stocks as well. I might not be pushing stocks much simply because the gap...
Aaaaah Db! You and your descriptive imagination. :D Gringo
Db, It's a good idea. I'll start a journal. I also need to clear my mind regarding these sectors and industries. Perhaps the journal will...
I wanted to check the condition of the Dow Jones US Heavy Construction Index. This was to gauge the current condition of heavy construction as...
That makes sense. Here's the chart for the monthly to clarify where we stand. [img] Gringo
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