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 31, 2012

SPX

It would be great if every country dealt with their economic problems independently without affecting global stock market. Very annoying indeed. Intentional News Effect should not be spilling over but remain contained in that country. So, if Spain (or any other country) has a problem, it should just affect their stock market. Just wishful thinking on my part because I know it's not going to happen. The world is getting smaller everyday.

Sorry for the very late post. Due to circumstances beyond my control, I was unable to post in a timely manner.

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIN