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.

Monday, July 30, 2012

SPX

PRICE ACTION FOR THIS WEEK (I will keep posting this till it fails):
Note that the values are closing prices not highs/lows.
Monday - FLAT
Tuesday - UP (to 1400-1405 = big up day)
Wednesday - DOWN (to 1380-1382 = bigger down day)
Thursday - UP (to 1395)
Friday - DOWN (to 1387)
Then run up thereafter (for next week).

SPX-DAILY II


SPX-DAILY I


SPX-30MIN LONGER TIMEFRAME


SPX-30MIN SHORTER TIMEFRAME


SPX-5MIN