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.

Monday, July 11, 2011

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

The mkt is set to move back higher. I'm expecting a strong bounce the next few days if SPX (currently at 1319.62) moves above 1322 (preferably a 30min candlestick intraday close above 1322) with Stop Loss below 1314. Aggressive traders can take the trade with any move above 1322 while conservative traders can enter above 1326.

SPX-DAILY

SPX-30MIN

UKX(FTSE)-DAILY

FXE(EURO)-DAILY
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