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 7, 2012

SPX

Please note that there are two 5MIN charts.

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIN I

SPX-5MIN II

Saturday, May 5, 2012

GLD & SPX WEEKEND REVIEW

GLD-WEEKLY

GLD-DAILY

SPX-MONTHLY

SPX-WEEKLY

SPX-DAILY LONGER TIMEFRAME

SPX-DAILY III

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIIN

Thursday, May 3, 2012

SPX

The market has been moving in anticipation that tomorrow's Job Report will be bad. So any upside surprise will lead to a huge move up. I believe the report will be better than expected but I will not hold my breath on it.

SPX-DAILY III

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIN

Wednesday, May 2, 2012

SPX

Tomorrow could be a wild swing day which will be great for daytrading. In the most extreme scenario, we could see a run up to about 1415 followed by a sharp to 1394 and then a bounce to close flat (1402). But pay close attention to my 30MIN SHORTER TIMEFRAME chart. It will also give an idea of the market reaction after the Job Report on Friday (aggressive) if tomorrow plays out as expected.

SPX-DAILY IV

SPX-DAILY III

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIN

Tuesday, May 1, 2012

FTSE & SPX

FTSE-DAILY

SPX-DAILY IV

SPX-DAILY III

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-10MIN