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.

Thursday, December 27, 2012

AAPL, AMZN, GOOG, GS, QQQ, IWM, SPX, SPY

Unless Congress gets its act together, every play is aggressive. For months the market has had too many days of big gaps (up or down) due to anticipations of Fiscal Cliff deal or no deal. In July-August of 2011, Congress almost threw the country into a recession just because of politics. Now they are at it again.
Playing gaps and failed confirmation points (fake outs) is a good intraday play strategy but I can't post it with my review since failed confirmation plays can only be made when the opportunity presents itself (intraday).

AAPL-DAILY


AAPL-15MIN


AMZN-15MIN


GOOG-15MIN


GS-15MIN


QQQ-15MIN


IWM-15MIN


SPX-DAILY 4


SPX-DAILY 3


SPX-DAILY 2


SPX-DAILY 1


SPX-30MIN II


SPX-30MIN I


SPY-5MIN
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