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.
Wednesday, May 16, 2012
Tuesday, May 15, 2012
Monday, May 14, 2012
VIX
Look for the SPX to make a bounce tomorrow if the VIX trades below 21.45.
At the moment, the charts of the SPX and VIX are pointing to a rise. Hopefully we can see a calm open tomorrow without the big and ugly news driven gaps. But based on the VIX, if we are to see big gap open, it will be to upside for the SPX (down for the VIX).
At the moment, the charts of the SPX and VIX are pointing to a rise. Hopefully we can see a calm open tomorrow without the big and ugly news driven gaps. But based on the VIX, if we are to see big gap open, it will be to upside for the SPX (down for the VIX).
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