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.

Tuesday, August 9, 2011

SPX, VIX, UKX(FTSE), FXE(EURO), UUP (DOLLAR), USO (CRUDE)

Today's action though very wild was indeed very nice technical swings. It took what will ordinarily happen in 2-4days or more (in terms of swings) and compressed it into one day. Great for day- or swingtrading.

SPX-DAILY

SPX-30MIN

UKX(FTSE)

FXE(EURO)

UUP(DOLLAR)

USO(CRUDE)
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