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.

Thursday, May 3, 2012

SPX

The market has been moving in anticipation that tomorrow's Job Report will be bad. So any upside surprise will lead to a huge move up. I believe the report will be better than expected but I will not hold my breath on it.

SPX-DAILY III

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIN
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