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
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.
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.
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
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
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
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
SPX-DAILY IV
SPX-DAILY III
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-10MIN
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