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.

Thursday, July 14, 2011

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

As the market continues its gyration, I expect a bull run to take place. The market is setting up for a run up.
FOR TOMORROW:
I expect an up day which will likely be a big one. A small rise will mean a follow-through to the upside on Monday (as it carves out a Diamond Pattern as seen on my SPX-DAILY chart).

SPX-DAILY

SPX-30MIN

VIX-DAILY

FXE(EURO)-DAILY

UKX(FTSE)-DAILY
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