Bullish Flag On Silver

Bullish Flag On Silver

There seems to be a Bullish Flag On Silver that has broken out as you can see on the chart below. That would hint higher prices are coming soon.

bullish flag

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE!



Powered by 123ContactForm | Report abuse

Dow Jones Weekly Chart

Dow Jones Weekly Chart

Top callers and those shorting this market, but be very frustrated right now. The DOW JONES WEEKLY CHART Below is show how strong and resilient this market is. You do not even have to guess when you look at the weekly chart.

The last major dip on the market seems to have just created another bullish flag we have now broken out of. I do agree this market is a little overbought, but I have been getting emails from my readers since the DOW was at 12,000 trying to convince me the market was topping out and a crash was coming. So far we have not seen that at all. It is better to let the charts do the talking for now, and right now they keep telling us a different story.

Eventually we will get to major extremes in the market, but the market can remain in extremes longer then anyone can imagine. Better to trade what you see today, not what you expect to happen tomorrow.

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE!



Powered by 123ContactForm | Report abuse

Significant week - Significant week for market.

This will be a significant week for the market, as OPEX is apon us. 

The S&P  broke out of the bull flag and looks like it wants to work its way higher. 

I will say this, $22.8 billion dollars poured into stock funds last week alone, yes, you did read that right I said $22.8 billion dollars. WOW!, that is the beginning of a trend you will see continuing because the fed has stepped up and said QE purchasing may stop this year. I do not know if that is the case, or they are just playing games, however, many people with 401k's and mutual funds have been forced to look at investing in the stockmarket. That is what you saw happen last week.

So this week will be very significant. 

WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- FREE 10 Day Trial Offer Today!