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.

Saturday, May 12, 2012

SPX WEEKEND REVIEW

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

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

Wednesday, May 9, 2012

FTSE, DAX & CAC-40

Europe is setup for a bounce.

FTSE-DAILY

GERMAN DAX-DAILY

FRENCH CAC 40-DAILY

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

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