I believe the bulls will regain control this coming week which will last about a month. Key levels to monitor for bulls to take over are >1366 (and >1374).
SPX-WEEKLY
SPX-DAILY LONGER TIMEFRAME I
SPX-DAILY LONGER TIMEFRAME II (ALTERNATIVE VIEW)
SPX-ULTIMATE SPORTS CAR
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-5MIN
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 12, 2012
Thursday, May 10, 2012
FTSE, DAX, CAC-40, SPX
If SPX closes between 1358-1363 tomorrow (small up day), it will not be good for the bulls, but a small down will be. Need to see a close above 1365 for the bulls to regain control.
Note: Pay close attention to the SPX-30MIN SHORTER TIMEFRAME chart for short-term move.
FTSE
GERMAN DAX
FRENCH CAC 40
SPX-STUPID SPORTS CAR
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-5MIN
Note: Pay close attention to the SPX-30MIN SHORTER TIMEFRAME chart for short-term move.
FTSE
GERMAN DAX
FRENCH CAC 40
SPX-STUPID SPORTS CAR
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-5MIN
Wednesday, May 9, 2012
SPX
Apple is setting up for a strong run up. As Apple goes, so goes the market. This should absolutely not be the case (with any stock), but it is the reality and what traders MUST take into account.
At the moment, AAPL is looking to make a move higher and it will take the market along. Bull run coming for the SPX in my opinion. I will be trading the charts not my opinion though.
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-5MIN
At the moment, AAPL is looking to make a move higher and it will take the market along. Bull run coming for the SPX in my opinion. I will be trading the charts not my opinion though.
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-5MIN
Tuesday, May 8, 2012
AAPL & SPX
The SPX looks ready to move back up starting tomorrow. But if it moves lower tomorrow closing at or above 1358 (currently at 1363.70), then expect a big rise on Thursday.
AAPL-DAILY
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-5MIN
AAPL-DAILY
SPX-DAILY II
SPX-DAILY I
SPX-30MIN LONGER TIMEFRAME
SPX-30MIN SHORTER TIMEFRAME
SPX-5MIN
Subscribe to:
Posts (Atom)































