"Don't Fence Me In!"

The Range Bound Market will not Last. It is just a matter of time. Techincal favor a move to the downside but the Bulls have a way of fighting back with vigor.

10 Day, 60 min. - Aug. 31 - No Breakout from Range Bound Box as yet.
3 Month, Daily - Aug. 31 - Intermediate Term Bullish. Box intact.
1 Year, Weekly - Aug. 31 - Long Term Bullish Trend.

Pending Range Bound Box Breakout?

A Waiting Game as Something has to Give! Which Way Does the Ball Bounce?

20 Day, 2 Hour - Aug. 28 - 6 Day Range Bound Market Begs for Relief.
10 Day, 60 min. - Aug. 28 - Market is Bouncing Between Resistance and Support. Take your Choice on Up or Down.

Gentlemen, "Take 10 Paces Forward, Turn, and Fire at Your Leisure."

"Range Bound Market Winding Up for a Shoot Out."

2 Day, 10 min. - Aug. 28 - Limited trade opportunities with only one RSI breakout of note. ADs and Internals were not supportive of a trade.

3 Month, Daily -
3 Month, Daily - Aug. 28 - Channel Trend remains Bullish.
1 Year, Weekly - Aug. 28 - Long Term trend is Bullish. Trends and channels are subject to corrections and pull backs so one must always be cautious.

"Short Term Profit Opportunities"

Using RSI and CCI Indicators as Lead Indicators can Trigger Profit Possibilities

2 Day, 10 min. - Aug. 27 - Watching the RSI and CCI a "Lead" Indicators can signal reversals in price action. Take note of the Gold Spots and how they line up with each other.
10 Day, 30 min. - Aug. 27 - Range Bound Channel for the last 5 sessions. Breakout could occur with significant momentum. Long Term Trend has been Bullish but market is also very overbought and subject to corrections that may occur without warning.
3 Month, Daily - Aug. 27 - Bullish Trend is obvious. Note the Gold Spot line ups of RSI and Price Reversals on this 3 Month Chart.
1 Year, Weekly - Aug. 27 - Bull Channel dominates the Visual picture of market action. Note Gold Spot line ups of RSI and Price Reversals on this Yearly chart. The point is that this Lead Indicator set on a Period of "2" can be an important tool in the traders toolbox.

Market Setting Up to Move! Which Way is the Mystery.

When the Game is Over, Someone will be the Winner.

2 Day, 10 min. - Aug. 25 - Our study continues on sighting Double Bottoms coinciding with CCI and RSI reversals. Combined these seem to be powerful indicators for entry points for short term trading.
10 Day, 30 min. - Aug. 25 - Range Bound Channel getting set up for a Breakout. Which Way is the Question. Futures market quotes equal on SPY spreads at 102 and 104.
3 Month, Daily - Aug. 25 - Intermediate Bull Channel is obvious. Ignore the trend to your peril.

"Breakout Fizzle or Just a Pause to Refresh!"

Just a Pull Back before the Advance or Something Bigger in the Works?

20 Day, 2 Hour - Aug. 25 - Bullish Trend continues but shorter term we have a pull back?
3 Month, Daily - Aug. 25 - When the market gets testy and chancy, it is best to look at the longer term charts. Take care not to get caught up in the daily chop and get whipsawed around. Keep the Big Picture in mind before going forward with an action plan.
1 Year, Weekly - Aug. 25 - The longer term trend is decidedly Bullish.

"Out of the Box! What's Next?"

"Is there any more Spring left in the Move?"

20 Day, 2 Hour - Aug. 24 - Bullish Trend continues with a weak close.
3 Month, Daily - Aug. 24 - Intermediate Bullish
1 Year, Weekly - Aug. 24 - Long Term Bullish.

"Out of the Box"

The Sideways Range Bound market of the last several weeks gives way to a Breakout.

Parallel patterns seen when side by side comparisons are made of the EUR-USD vs. S&P 500. This is apparently due to the "Money Flow" and "Asset Reallocation" from one market to the other.

Range Bound Box is broken with a Breakout into new high ground. This is very Bullish and would suggest a follow through this week.

"This is Just Unreal!", BB

"Head and Shoulders? Who's Head and Who's Shoulders? Got a Kleenex?"

2 Day, 10 min. - Aug. 21 - Friday was a carbon copy of Thursday. Bull trend continues.
20 Day, 2 Hour - Aug. 21 - Bull on Bull. The Market anticipates the future. We must really have something to look forward to.
3 Month, Daily - Aug. 21 - Bullish Market for 5 Months while the Economy is in the Tank. It is important for traders to separate the market from the financial news around us.

The Bulls are on the Top of Their Game!

"Bears Keep being Beaten Down"

2 Day, 10 min. - Aug. 20 - A bit of a Pop followed by a long sideways day.
20 Day, 2 Hr. - Aug. 20 - Short Term Bull Move following a large gap down.
3 Month, Daily - Aug. 20 - Intermediate Term Bullish Trend

"Wow! What in H... is Going On?"

"If you are confused, you are not alone."

2 Day, 15 min. - Aug. 19 - Looking for Double Bottom setups was difficult today. The ADs were bearish in the AM and the market was bullish. No DBs were sighted that coincided with the CCI and RSI and coordinated with the ADs.
20 Day, 2 Hr. - Aug. 19 - The Trend of the last few days has been bearish. Recovery is not out of the question. The Bulls still seem to have a lot of "ooomph."
3 Month, Daily - Aug. 19 - Bullish Trend has persisted since March. Take care in bucking the current.

Swimming Upstream

"Is this just a Bounce or a Reversal? The Close was Weak!"

1 Day, 10 min. - Aug. 18 - Trade Page shows Double Bottom at 8:50 combined with CCI and RSI gave an entry signal to the upside. The ADs supported this action. Good follow through as well.
2 Day, 10 min. - Aug. 18 - Working page showing the Double Bottom combined with CCI and RSI as well as trend lines. The S&P ADs are shown related to time.
3 Month, Daily - Aug. 18 - Longer Term shows a Bull Trend with a Sudden Trap Door Drop.

"Offense Can be a Good Defense! Bail Out is One Choice."

"The Only Thing Worse than Being Wrong, is Staying Wrong!"

5 Day, 15 min. - Aug. 17 - Gap Down and Flat Sideways rest of Session.
20 Day, 2 Hr. - Aug. 17 - Market Bail Out to the Downside. Overbought conditions appears to give way to downside.
3 Month, Daily - Aug. 17 - Significant drop in market support call for caution as to follow through. Technicals point to lower but there are no guarantees.