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, August 29, 2012

SPX

Though the price action makes sense, it is making me nauseous. It's as if SPX is allergic to 1416 and doesn't want anything to do with it. I wonder how long they will repel before a strong attraction takes place. It is definitely playing hard to get. Just watchful waiting.

SPX-DAILY II


SPX-DAILY I


SPX-30MIN II


SPX-30MIN I
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