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 29, 2011

VIX , SPX-DAILY , SPX-30MIN , FXE(EURO) , UKX (FTSE)

Look for a flat but volatile day tomorrow (Thursday) which will be a great opportunity for daytrading. I believe the SPX will rise to about 1314 and then drop to 1300-1305 before starting to rise again at the end of the day closing at about 1308 and continue higher on Friday with a strong move up.

VIX-DAILY

SPX-DAILY

SPX-30MIN

FXE(EURO)DAILY

UKX(FTSE)DAILY
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