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, May 29, 2014

AMZN, APC, FB, LNKD, SLB, SPX

I believe a big up day is coming on Monday or Tuesday base on how the market acts tomorrow. If we see a small down, then expect a strong move up on Monday. But if we see a small up day, then expect a small drop on Monday followed by a strong move up on Tuesday. See SPY-15MIN chart for clarity.
I say this because if any of the stocks posted holds up with a drop of the market (SPX) tomorrow, then expect it to make a solid move up on Monday and Tuesday as the market goes up. So my focus for the plays is for early next week (not tomorrow).

AMZN-15MIN


APC-15MIN


FB-15MIN


LNKD-15MIN


SLB-DAILY


SLB-15MIN


SPX-DAILY IV


SPX-DAILY III


SPX-DAILY II


SPX-DAILY I


SPX-30MIN


SPY-15MIN
Posted by at