George Krum | TalkMarkets | Page 3
Technical Analyst
Contributor's Links: OddsTrader iOS CIT for NinjaTrader
George Krum is a trader, author, and developer of many apps and original technical indicators.

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SPX, Gold, Oil And G6 Targets For The Week Of January 27
We start the new week with a mixed technical outlook. As long as the index doesn’t drop more than 5-6%, any bearish action should be viewed as an overdue and timely correction, since the uptrend which started in July ’19 will remain intact.
SPX, Gold, Oil And G6 Targets For The Week Of January 20
We start the New Year with an update of the key support levels for the 2020 forecast.
SPX, Gold, Oil And G6 Targets For The Week Of December 23rd And 2020
For all the doom and gloom written about the markets during the last 355 days, the SPX is marching to new highs, following a well established pattern.
SPX, Gold, Oil And G6 Targets For The Week Of December 16
Last week the expectation was that improving market breadth will continue pushing prices higher. The SPX came to within 6 points of our upside target and continues trading in the middle of the upside target channel.
SPX, Gold, Oil And G6 Targets For The Week Of December 2
The sideways-down phase we were expecting last week arrived on cue. The weekly targets remain unchanged, and market breadth is supportive of higher prices.
SPX, Gold, Oil And G6 Targets For The Week Of November 30
CIT Channels point to higher targets for next week. However the trend is mixed, and the short-term Risk/Reward oscillator is in overbought territory, suggesting that a new sideways/down phase is due.
SPX, Gold, Oil And G6 Targets For The Week Of November 18th
Last week the SPX came to within 1 point of our upside target, and the trend remains up. But before we look at the new targets for the week ahead, let’s address the elephant in the room.
SPX, Gold, Oil And G6 Targets For The Week Of November 11th
Last week the SPX hit our upside yearly target of 3080. The weekly target projections continue showing a high level of accuracy and consistency.
SPX, Gold, Oil And G6 Targets For The Week Of May 6
Most of the markets we follow hit their targets and the SPX made a new high, as expected. This slow grind higher keeps the momentum going, while at the same time transitions the SPX to a more sustainable advance trajectory.
SPX, Gold, Oil And G6 Targets For The Week Of April 29
Most of the markets we follow flat-lined the week before Easter and came back to life immediately after. With the end of month only a couple of days away we wouldn’t be surprised to see the averages continue to advance higher.
SPX, Gold, Oil And G6 Targets For The Week Of April 15th
The market breadth oscillator bottomed out on Thursday and, barring some major negative surprises once earnings season gets underway in earnest, should be supportive of higher prices for next week.
SPX, Gold, Oil And G6 Targets For The Week Of April 8
Last week our conclusion was that the SPX is heading higher. It did so in convincing fashion, and in the process it broke above the last remaining technical resistance levels below the October ’18 highs.
SPX, Gold, Oil And G6 Targets For The Week Of April 1st
SPX support at 2800 was tested four times during the week before the market rebounded on Thursday and Friday and registered a higher weekly close. The market breadth oscillator is supportive of higher prices for the beginning of April.
SPX, Gold, Oil And G6 Targets For The Week Of March 25th
The pause in momentum we were expecting last week arrived on cue, and the SPX registered its third negative weekly close in 2019. The breadth oscillator has been declining all week long and is a couple of days away from hitting rock bottom.
SPX, Gold, Oil And G6 Targets For The Week Of March 18th
The upswing we were expecting last week arrived on cue, and the SPX shot upwards to make a new swing high and close at the upper weekly target.
SPX, Gold, Oil And G6 Targets For The Week Of March 11th
After briefly making a new swing high at the beginning of the week, the major indices got sold off and broke through several technical support levels, confirming 2763 as the key bull/bear pivot for the upcoming week.
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