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Stock Market & Gold Analysis 9-17-18

Technical analysis providing the near-term outlook for the US stock market via QQQ & SPY as well as the outlook for gold & GDX via EUR/USD & /GC (gold futures). Key technical levels & developments to watch for are highlighted as well. playback speed can be increased in the settings [...]

2018-09-17T10:36:11+00:00Sep 17, 2018 10:19am|Categories: Equity Market Analysis, Forex (Currencies), Gold & Commodities|Tags: , , , , , , , , , , , , |0 Comments

Stock Market At Resistance

QQQ (Nasdaq 100 tracking ETF) is currently backtesting the trendline from below while working off the near-term oversold conditions. An impulsive reversal here would could be the catalyst for a thrust down to the 177.80ish* level (T2, *incorrectly listed as 117.80 in the callout text on the chart below). 120-minute chart below:  [...]

2018-09-12T14:12:29+00:00Sep 11, 2018 12:28pm|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: , , , , , |2 Comments