Enlarge any chart by clicking on it. Unless otherwise specified, ALWAYS use the 15min chart to enter my recommended plays because CONFIRMATION is a MUST. In other words, you need to see a 15min candlestick that CLOSES beyond the entry point, then enter when it moves 10cents after the high/low of that candlestick.
Sunday, June 12, 2011
SPX-DAILY, SPX-WEEKLY & FXE (EURO)
Look for an UP day on Monday. If MORE than 15points, then expect a DOWN day on Tuesday. But if SPX rises less than 10points, then there will be a follow-through to the upside on Tuesday. For now I will daytrade till a breakout occurs.
