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.

Friday, June 26, 2015

SPX WEEKEND REVIEW

It was a rough/frustrating week for me. I'm very happy its over. I did not expect Greece to impact/annoy the heck out of me as it did. I was hoping the problem would be solved early in the week, but it appears that was asking for too much on my part. I'm really hoping the shenanigans ends this weekend otherwise the market will continue to be volatile (as it continues its irrational behavior under the cloud of uncertainty). The market just doesn't behave properly when there is uncertainty. That is why my stops were getting hit left and right. I'm tired of hearing about "Greece" just like I'm tired of hearing about "interest rate at 0%", and was tired of hearing about "QE".
Note that it doesn't mean I'm against 0% interest rate or was against QE. I'm in full support of whatever the Fed is doing.

SPX-MONTHLY II


SPX-MONTHLY I


SPX-WEEKLY


SPX-DAILY VII


SPX-DAILY VI


SPX-DAILY V


SPX-DAILY IV


SPX-DAILY III


SPX-DAILY II


SPX-DAILY I


SPX-30MIN


SPY-15MIN