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, June 12, 2013

SPX

If SPX closes <1597 I will start focusing on the downside. At the moment the bulls are still it control. Close below 1597 will indicate the beginning of trouble for the bulls, and likely lead to sharp drops. But till then, the market remains strongly bullish.

SPX-DAILY III


SPX-DAILY II


SPX-DAILY I


SPX-30MIN


SPY-15MIN