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.

Wednesday, May 30, 2012

BLOGSPOT (BLOGGER) HAVING PROBLEMS AT THE MOMENT.

After trying everything possible to fix my chart, I was finally able to get information from Blogspot. They are having a problem with uploading images (as you can see). They are working to resolve the matter while being bombarded with complaints. I hope it gets resolved soon.

MY WEDNESDAY'S TRADING CHART SUMMARY:
Look for a push to 1345 (1st target) and 1360-1365(2nd target) if SPX moves above 1336, otherwise, look for range-bound trading between 1325 and 1335 for 1-2days before a breakout. Use the 20ema on the 5MIN chart to make bullish and bearish plays in the 1325-1335 range till the breakout takes place.