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, December 10, 2011

SPX WEEKEND REVIEW

Expect the sideways action to continue within the price range of 1245-1265. See the note on the Daily chart for more information.
I believe a break down will occur on the 20th (less likely) or 27th (very likely). The exact date will be dealt with later. Not important at this time but get ready.

SPX-WEEKLY

SPX-DAILY

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME