Charts Heading into a New Week

 Some charts on a winter's day. Let's see if we can sort some things out.

Market leaves both bulls and bears wondering

 The Dow Jones Transportation Index stalled at a trendline last week, which has thus far produced only a minor pullback.

 Left click on chart(s) to expand

 There is a bearish wedge here, conflicting with a bullish crossover on the moving averages.

 The Dow Jones "appears" to be over-extended, but the upward trend is still intact.

 There is also a bearish wedge on the Dow Jones. 

 The SPX stalled on a trend line dating back to its all-time high.

 The Q's also caught a trend line.

 The trendline coincided with a long-term pattern (which was slightly surpassed), although the Q's finished the week closing on its exact target.

 Gold is at the top of a Bollinger band on the daily.

 The GDX is closing in on a technical top here. It's slight, but it's there.

 If someone had told you on October 1st to sell your gold and put your money into the Dow's US Homebuilders Index, what would you have said?

 The markets seem somewhat over-extended. This is not a recommendation to go short.

Always perform your own due diligence. These are only my opinions.