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.

Tuesday, September 4, 2012

VIX & SPX

Tomorrow looks like the breakout day that will lead to a sprint higher for the market (i.e strong run up in a short time).
Look for a strong run up tomorrow and the days ahead if SPX moves >1410 AND Stochastic %K (daily chart) moves >32.30 intraday. This will be the booster/sting it needs.

VIX


SPX-DAILY II


SPX-DAILY I


SPX-30MIN III


SPX-30MIN II


SPX-30MIN I


SPX-5MIN