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.

Wednesday, June 15, 2011

SPX & FXE (EURO) -----MARKET IS KING.

The mkt is set to move up tomorrow (if it trades above 1269).
The more things change the more they remain the same. You just cannot fight the market. I will just keep dancing to the tune of the market. That means I will keep daytrading even though I like swingtrading better. The past 8 days the mkt has shown that the winners have been the daytraders. Expect that to continue till a breakout occurs.