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 9, 2012

VIX & SPX

The market looks ready to resume the upside starting tomorrow.
Likely scenario for the rest of the week:
Tuesday - UP
Wednesday - DOWN
Thursday - UP
Friday - UP
Note: This is just an opinion, but the charts determine my action. So it really doesn't matter if it goes as stated, but it will definitely make things very easy for me.
The market doesn't like making things easy. It wants hard work. Too bad. :(

VIX-DAILY


SPX-DAILY IV


SPX-DAILY III


SPX-DAILY II


SPX-DAILY I


SPX-30MIN LONGER TIMEFRAME


SPX-30MIN SHORTER TIMEFRAME


SPX-5MIN
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