JordanFreeman

JordanFreeman

We finally got some better market movement today and recently XLI experienced a bearishe engulfing which started this down trend.. there was a little better bullish volume today but it still couldn't make up from yesterdays drop... It has dropped below S1 and the 25 Day EMA and the stoch that is about to turn bearish is showing it as being overbought.. Look to set...

JordanFreeman

With the trump inauguration around the corner, i think XLI might take all the fame away from XLU.. The 52.77 resistance point has been retested and failed which is why we are in this downtrend.. But it seems as though we are turning out of the downtrend and it seems as though we will be bullish up to the 52.77 resistance.. Look for possible pullback in to about...

JordanFreeman

As it just broke out strongly from a bullish head and shoulders pattern along with strong Stoch, im looking at a either a possible long on a pullback to about 51.19 price point or look to add small shares on a previous. We are nowhere near an all time high and still have alot of winter left...We are closing in though on a previous resistance at around 60 dollars...

JordanFreeman

Has just broken out of a head and shoulders pattern bearishly.. Look to add to your short if you haven't already shorted. This past friday we closed under both the 50 day EMA and 100 day EMA. Price is nearing 200 day EMA so watch for that pressure at 43.99 price point.. Otherwise refer to red line on chart to see where i would set alerts... Let me know with any...

JordanFreeman

Although this may not be for long, if you are looking for some nice profits in a hsort period of time, XME is a nice short in my opinion.. This it closed right on support 3 with heavier bearish volume than bullish volume... It seems as it was going to consolidate and try to retest but seems as if it failed.. The bearish engulfing candle has confirmed a short...It...

JordanFreeman

After a 5 month bumpy downtrend for gold, it finally seems to turning upwards... it broke from the bottom of the downtrend in red and there is confirmation by a brothers grim.. (Using heikin ashi for to see future trend better)... But, black horizontal arrow is place where R1 and the 50 day moving average meet so if it can keep bullish volume and stoch is shows...

JordanFreeman

SPY closed out 2016 sitting right below support 2... Ideally Id like to see short sellers cover to push SPY to top at 228 (dark blue arrow up) and fail because of stronger bearish volume and weak stoch(dark blue arrow down) ... After the failed retest at top and short squeezing.. enter your short here with small shares; if it is able to drop below s1 and s2 add...

JordanFreeman

IWM was on a nice uptrend until it just bearishly flagged this last week and closed at its first support and below 25 day EMA. With heavier bearish than bullish volume, I'm expecting IWM to ride down the right side of the bearish triangle breaking support 1 and possibly try to reverse and retest resistance once it hits support 2.. If stoch is driven up a bit and...

JordanFreeman

Moving into the middle of winter this one can be hard to tell.... if we look at each side of the green arrows we see just about the same pattern forming.. if you want to take it that way.. you might want to short with alerts at red arrows... Also if you are looking to short using TA a different way, we can see that trying to pass resistance was rejected and it...

JordanFreeman

Goldman Sachs has broke from uptrend and curved down slightly... We had bullish volume on close this past Friday but still didn't beaten out the bearish volume. The stochastic is not completely frail so there still pricing power to send the price lower.... Look for possible push down to about 210, expect a push back up to this 239.45 resistance and than probable...