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.

Saturday, July 2, 2011

VIX , SPX (WEEKLY, DAILY & 30MIN) , FXE (EURO) x2 , FTSE (WEEKLY & DAILY)

The mkt looks ready for a pullback but I will not buy any Puts (short) till it moves below key technical levels on the 30min chart. I'm also very ready to continue playing the upside as the charts dictate (above current resistance).

NOTE NOTE NOTE: If SPX moves above 1346, we will very likely see a strong run up in July and August. This does not mean that if it moves above 1346 it cannot move back below it. But once 1346 gets taken out, many more new highs will be made in July and August.

VIX-DAILY

SPX-WEEKLY

SPX-DAILY

SPX-30MIN

FXE(EURO)-DAILY I

FXE(EURO)-DAILY II

UKX(FTSE)-WEEKLY

UKX(FTSE)-DAILY