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, January 28, 2012

SPX - WEEKEND REVIEW

Reversal is looking imminent but I will not hold my breath till it actually takes place. But it's looking more likely as the indicators and price are starting to show signs weakness and imminent reversal compared to any time period since the current rally started about 6weeks ago.

SPX-WEEKLY

SPX-DAILY LONGER TIMEFRAME I

SPX-DAILY LONGER TIMEFRAME II

SPX-DAILY LINE CHART

SPX-DAILY

SPX-30MIN LONGER TIMEFRAME
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