The charts are looking weak. This month could be a bloody one for the market with a sharp reversal. BE VERY CAREFUL (especially if you are bullish) because things are likely to change VERY FAST.
Check back over the weekend for any updates/additions.
UKX (FTSE)-DAILY
MA-DAILY
CRM-DAILY
AAPL-DAILY
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.
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, March 31, 2012
SPX WEEKEND REVIEW I
SPX-MONTHLY
SPX-WEEKLY
SPX-DAILY LONGER TIMEFRAME
SPX-DAILY LINE
SPX-DAILY I
SPX-DAILY II
SPX-DAILY III
SPX-30MIN LONGER TIMEFRAME
SPX-5MIN
SPX-WEEKLY
SPX-DAILY LONGER TIMEFRAME
SPX-DAILY LINE
SPX-DAILY I
SPX-DAILY II
SPX-DAILY III
SPX-30MIN LONGER TIMEFRAME
SPX-5MIN
Thursday, March 29, 2012
Wednesday, March 28, 2012
AAPL, IBM, UKX (FTSE) & SPX
AAPL-DAILY
- Apple still on my radar and it is closely being monitored for a drastic drop.
- Tomorrow could be the start of the big drops for Apple (I will not hold my breath though).
IBM-DAILY
UKX (FTSE)-DAILY
SPX-DAILY LONGER TIMEFRAME
SPX-DAILY LINE
SPX-DAILY I
SPX-DAILY II
SPX-DAILY III
SPX-30MIN LONGER TIMEFRAME
SPX-5MIN
- Apple still on my radar and it is closely being monitored for a drastic drop.
- Tomorrow could be the start of the big drops for Apple (I will not hold my breath though).
IBM-DAILY
UKX (FTSE)-DAILY
SPX-DAILY LONGER TIMEFRAME
SPX-DAILY LINE
SPX-DAILY I
SPX-DAILY II
SPX-DAILY III
SPX-30MIN LONGER TIMEFRAME
SPX-5MIN
Tuesday, March 27, 2012
Monday, March 26, 2012
SPX
As the market continues its never ending push up, I expect a fast and big reversal to take place. But that said, you can't fight the market but go along with it. Fast plays is the way to go. To be completely bullish or bearish at this time is mistake in my opinion. I don't believe in overbought and oversold. The market can keep going up for a very long time regardless of what the technicals say. This is not because of "manipulation" but just the normal irrationality of the market.
Daytrading remains the best option to avoid any surprises (which is going to happen). So pay attention to my 5min chart.
SPX-DAILY LINE
SPX-DAILY I
SPX-DAILY II
SPX-30MIN LONGER TIMEFRAME
SPX-5MIN
Daytrading remains the best option to avoid any surprises (which is going to happen). So pay attention to my 5min chart.
SPX-DAILY LINE
SPX-DAILY I
SPX-DAILY II
SPX-30MIN LONGER TIMEFRAME
SPX-5MIN
Saturday, March 24, 2012
SPX WEEKEND REVIEW
Check back over the weekend for any updates.
SPX-WEEKLY
SPX-DAILY LONGER TIMEFRAME
SPX-DAILY LINE
SPX-DAILY I
SPX-DAILY II
SPX-30MIN LONGER TIMEFRAME
SPX-5MIN
SPX-WEEKLY
SPX-DAILY LONGER TIMEFRAME
SPX-DAILY LINE
SPX-DAILY I
SPX-DAILY II
SPX-30MIN LONGER TIMEFRAME
SPX-5MIN
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