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, August 15, 2016

CRM, FB, NFLX, SPX

Bulls need a decent one day drop to help their cause because upside momentum just isn't there. They just can't find their footing. They are having a very difficult time moving the market. A bear sting is much needed to wake them up otherwise this market will not move up with any significant momentum except boredom. That is only if bears can come out of their own hibernation which they seem to take pleasure in until they have some kind of hunger-pain nightmare that makes them wake up and act irrationally and impulsively for a short time before returning to hibernation hungry.

CRM-15MIN


FB-15MIN


NFLX-WEEKLY


NFLX-DAILY


NFLX-15MIN


SPX-DAILY II


SPX-DAILY I


SPX-60MIN II


SPX-60MIN I


SPX-30MIN II


SPX-30MIN I


SPY-15MIN