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, June 20, 2012

SPX

Tomorrow is likely going to big up day with the SPX moving to about 1377-1380 (22-25points).
Also helping the bullish case is the fact that initial move after the FOMC Report was down. The initial move is usually the fakeout move and/or the move going into the close is usually the real move.

SPX-DAILY III


SPX-DAILY II


SPX-DAILY I


SPX-30MIN LONGER TIMEFRAME


SPX-30MIN SHORTER TIMEFRAME I


SPX-30MIN SHORTER TIMEFRAME II


SPX 5MIN
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