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, October 6, 2012

AAPL, VIX, SPX WEEKEND REVIEW.

AAPL-DAILY

AAPL-5MIN

VIX-DAILY

SPX-MONTHLY

SPX-WEEKLY

SPX-DAILY VII

SPX-DAILY VI

SPX-DAILY V

SPX-DAILY IV

SPX-DAILY III

SPX-DAILY II

SPX-DAILY I

SPX-30MIN III

SPX-30MIN II

SPX-30MIN I

SPX-5MIN

Thursday, October 4, 2012

AAPL, VIX & SPX

I expect a strong run up tomorrow.

AAPL-DAILY

AAPL-5MIN

VIX-DAILY

SPX-DAILY II

SPX-DAILY I

SPX-30MIN II

SPX-30MIN I

SPX-5MIN

Wednesday, October 3, 2012

DJT, GLD, FXE, VIX & SPX

 I just don't see any big move for the market up or down tomorrow, but it is likely going to be an excellent day for daytrading. This is also supported by the fact that Friday is Jobs Report = boring Thursday.

FOR THURSDAY:
Looks bearish with price going to 1445 (currently at 1451).
Levels to monitor at the start tomorrow are 1450 and 1452:
1). If it moves >1452, then expect reversal lower at 1454ish or 1461 that will take price to 1445. 
2). If it moves <1450, then expect a drop to 1445 (or 1442) then a bounce higher..

What is most likely to happen is a move or gap open  to 1454ish before a drop to 1445.

DJT (Transport)-DAILY

GLD (Gold)-DAILY

FXE (Euro)-DAILY

VIX-DAILY

SPX-DAILY II

SPX-DAILY I

SPX-30MIN II

SPX-30MIN I

SPX-5MIN

Tuesday, October 2, 2012

VIX & SPX

FOR WEDNESDAY
I expect an big up day tomorrow if it moves >1446, which will take price to a HIGH of 1461 (or 1466-1467).
But watch out if it starts the day going higher without first dropping to 1442, because it is likely to give back all the gain by dropping to 1442 (when it gets to 1461 (or 1466-1467)), especially if the move up is too fast. But if it starts the day moving to 1442 before bouncing higher, then expect a strong close after an uninterrupted strong run up above 1446.

Levels to monitor at the start of trading tomorrow are 1444-1446
1). If it moves >1446, then expect a run up (but be careful in the second half of the day).
2). If it moves <1444, then wait for it to drop to 1442 before reversing higher. Bullish play should be made when it moves back >1446 for a conservative play (or >1444 for aggressive play).

VIX-DAILY

SPX-DAILY II

SPX-DAILY I

SPX-30MIN II

SPX-30MIN I

SPX-5MIN

Monday, October 1, 2012

GLD, VIX & SPX

FOR TUESDAY:
Look for a big up day for the market. Currently at 1444, I believe we will see an initial drop to 1440 before a reversal for a bull run. There is also a less likely scenario of a drop to 1436-1331 range before the run up.
If SPX gets to 1440 and moves back above 1442, then realize that the bottom is likely in for the day, and expect a run up. But if it breaks 1440 easily, then look for a bullish reversal between 1436-1431.
I strongly believe we will see an initial drop to 1440 followed by a bullish reversal for a run to 1461 (or 1453).


GLD-DAILY

VIX-DAILY

VIX-15MIN

SPX-DAILY II

SPX-DAILY I

SPX-30MIN II

SPX-30MIN I

SPX-5MIN