Chart Chat for August 16, 2015

Below is the Chart Chat video Jack and I just recorded? for August 16th. This session was an hour in length and we covered Indexes including International,? Bonds, Currencies, Energies, Precious Metals and a Q&A session.

Am on vacation so the video is being uploaded now, slow internet will make the upload time longer than usual.

Jack and I will be starting subscriptions in September. Included will be a chart service which will include a basic package of instruments and other more specific instrument groups with weekly, daily, 4hr and 1 hr charts. For example, the basic package we are thinking of will include SPX, ES, NQ, RUT, DOW, Oil and USD. Other packages may include precious metals, bonds and international indexes. Please post your feedback to this post so we have a sense of what you may be looking for. We will also be starting education webinars for technical analysis and for swing trading. This will include some basics on trading systems but will include trading education on executing trades, managing your portfolio, managing risk, position sizing and more. Your feedback will guide us in terms of what to focus on.

Please make sure the HD button is on and you maximize the screen for best viewing. The HD version should be done 20 minutes after this post goes up. Until then, this is the SD version. You may wish to wait for the HD version for best viewing.

Good Luck this week. 🙂

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15 thoughts on “Chart Chat for August 16, 2015”

  1. RE subscription service in September – does that mean you will essentially be charging for what you’ve been posting on this site the past few weeks, or the subscription service will provide more depth or frequency than what you’ve been covering here? thx

  2. I am currently traveling in Europe for the next 10 days. I think TLT should be in a basic package. Subscription imho -should be $29 monthly basic package and a discount for first timers and 3,6 and 12 months Cheers !

    Sent from my iPhone

    >

  3. Hi Stan & Jack. You have put a line in the sand on SPX at 2040’s or so… Yet the DOW seems to have already broken the equivalent support area some days back. Does that alert you to a possible change in your outlook? Or do you treat each index separately for ‘educational purposes’.
    Great stuff boys.

  4. Thanks so much Stan and Jack for another great video update. Stan this question is for you. You suggest you can see SPX going to 2121, and perhaps higher, but you see the RUT hitting 1170 or thereabouts. Do you expect the RUT to diverge from SPX and go in different directions? Perhaps you see SPX pulling back to 2070 and the RUT at the same time falling to 1170 and then both going higher. Please explain because I don’t see how SPX can go higher and RUT fall to 1170. Thanks in advance for your response and great trading this week.

    1. On webinar said to watch higher first for russell, 1223.45 then lower – should move with SPX or close to it. Need to get morning spill behind us first. ES 73.50’s importtant support this morning

  5. Re: subscription packages, how about …
    – US equities, bonds + US$
    – International equities (include BRICs) + US$
    – Currencies
    – Energy, metals & commodities + US$
    I appreciate the time you guys put into this … great info!

  6. Thanks Softie – Line in the sand is SPX 2036 – down to there sept/oct high still possible – with earnings, DOW should be weaker and Russell along with it. Big day today on the DOW – at declining trendline resistance and should see monthly pivot next two days. At resistance here. If it holds up this morning the retracement option that we discussed is likely.

    As far as correlations, indexes usually correlate in a bearish structure but not so much in a bullish structure. Is a sign of pending downturn a tight correlation when seen. If we are headed to 2165ish SPX by end Sept then Dow and Russell should lag imho.

    FWIW – DOW cycle chart pretty bullish here.

  7. Hello Stan,
    Re: sub packages..US equities, $USD- gold/silver-TLT(20 year rates) oil & nat gas & selected commodities & currencies when you see significant opportunities

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