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, April 24, 2012

SPX- HUGE SELL-OFF VERY LIKELY TOMORROW.

I believe we will see a huge drop tomorrow that will take the SPX down about 32points to 1340. My long-awaited 1340 could come tomorrow (though it doesn't look likely at the moment).
Just my opinion, so follow the charts.

SPX-DAILY IV

SPX-DAILY III

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIN