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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Friday Night Lights, Camera, Action

chessNwine Fri Oct 1, 2010 8:10pm EST 17 Comments

I will likely post a more in-depth video tomorrow. For now, though, this video seeks to broadly summarize the state of the current market. Please note that the end of the video cut me off a bit, but my point was simply that $FCX has been breaking out on a weekly time frame in a way that suggests the broad market could be on the verge of doing the same.

As usual, if the video screen is too small to watch here on iBC, you can simply double-click the screen and watch it on YouTube.

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[youtube:http://www.youtube.com/watch?v=c-MT4emXC9M 450 300]r

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17 comments

  1. HawaiiFive0
    HawaiiFive0
    October 1, 2010 at 8:35 pm

    Thanks Chess!

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  2. lindsay
    lindsay
    October 1, 2010 at 9:11 pm

    Thank u for another academy award nominee “Waiting for 1150”

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  3. gtotoy
    gtotoy
    October 1, 2010 at 9:12 pm

    Baa! Good stuff as always chess.

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  4. BernieCorfeld
    BernieCorfeld
    October 1, 2010 at 9:39 pm

    Great work man….especially from a guy in the coffee shop 😉

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  5. Bullish
    Bullish
    October 1, 2010 at 9:48 pm

    Excellent video Chess. I like your point about the steel stocks. Many people are missing the boat here. I am very overweighted in steel myself.

    Great video as always.

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  6. chivo
    chivo
    October 2, 2010 at 1:31 am

    Great video chess. I have been largely hedged since 1135ish and wanting to remove them, but can’t will myself to do it.
    Sorry to bug you about DZZ, but if I may, what is your timetable on the dollar bottom/short gold play?

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  7. skayfe
    skayfe
    October 2, 2010 at 3:41 am

    Thanks Chess, as a point of interest, what’s your platform/s of choice for trading?

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  8. Kenai
    Kenai
    October 2, 2010 at 12:14 pm

    Do you mean to tell me I get TWO VIDEOS this weekend!!!
    I am truly blessed. 🙂
    Gread vid. Thanks for pointing out the steels, I’ll do some research on those this weekend.

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  9. Yogi & Boo Boo
    Yogi & Boo Boo
    October 2, 2010 at 6:27 pm

    Thanks Chess.

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