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, December 8, 2011
SPX - NO BREAKDOWN YET. BEAR FAKEOUT IN PLAY.
BEAR FAKEOUT ALERT. Look for a move back into and maintenance of the 1245 - 1265 range. No breakdown yet.
