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, May 5, 2014
AMZN, BIDU, GS, JPM, QQQ, SPX
It has been more than two weeks since that last big up day for the market. Tomorrow looks like it is going to break that streak. The charts are looking good for a big move (if SPX can move above the entry point).