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, September 3, 2012

GLD & SPX-DAILY VI ADDED (INCLUDING OUTLOOK FOR SEPTEMBER).

I have added gold (GLD) and SPX-DAILY VI charts with price levels to look for.

September looks like it is going to be a great month for trading if you like volatility (like I do). Volatility likely to return with a vengeance this month after the pathetic/depressing/annoying/nauseating price action of August. Get ready for a wild ride as the charts seem to be indicating. I HOPE.

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