Anticipated Hop Happened to the Downside!

We Bulls are not always what we look like. At time we wear different clothes & colors.

Today - Trade Page - Sep. 30 - Lots of Volatility in the market today. It was difficult to be on the right side of the trade. The "Trade Page" is made up of the ADs, UVol/DVol, SPY chart, CCI, & RSI. These are used together with a few other items to make trade decisions. Your questions are welcome.

5 Day, 15 min. - Sep. 30 - Dramatic drop out of a two day sideways action. The drop was quickly followed by a rally back to near the open. RSI, CCI were both helpful in managing the positions

1 Year, Weekly - Sep. 30 - Bullish Channel Trend. Action is very close to support and suggests a possible bounce on Thursday.

Sidewinder Crawl to the East!

I don't always move in a straight line. Better watch out for my next move. It might be quick.

2 Day, 10 min - Sep. 29 - Lots of energy being stored up for a Breakout Move.
20 Day, 2 Hour - Sep. 29 - Bullish Channel Trend with bounce off of support.
3 Month, Daily - Sep. 29 - Bullish Trend Channel. RSI, CCI bounce to upside is a Bullish indication of more to come.
1 Year, Weekly - Sep. 29 - Bullish Trend Channel in force. Note the progressive decline in volume over a one year period of time. There is just less participation in the market as the economy struggles along.

Hi Steppin' Off Support!

"I still got some Snap in My Spring. Full speed ahead!"

2 Day, 10 minutes - Sep. 28 - Today the market bounced off of support. The question now is if there is enough steam to keep up the momentum to the upside.
20 Day, 2 Hour - Sep. 28 - RSI & CCI show clear signals to the upside on this chart. Channel Trend is Bullish.
3 Month, Daily - Sep. 28 - RSI & CCI show clear buy signals to the upside. Action sits right on support within the channel.
1 Year, Weekly - Sep. 28 - Long Term Bullish Trend. Price sits at support on the weekly.

Market at a Crossroads

Neither Bull nor Bear, Traders look for opportunities to pounce and profit.

2 Day, 1o min. - Sep. 25 - Narrow range of price action limits rewards even when you are right. RSI and CCI lined up to trigger a trade but the results were anemic.
20 Day, 2 Hour - Sep. 25 - Price action approaching the lower support of the channel. Technicals suggest a little more room to the downside but much more to the upside. At the same time if the lower support is broken, then the market could move much lower.
3 Month, Daily - Sep. 25 - Notice how the RSI and CCI are both in oversold condition. The market can remain oversold so the timing of a bounce cannot be anticipated with certainty, but it will happen at some point. The RSI is a "lead indicator" and is an excellent signal as to reversal. The CCI should confirm the RSI behavior. Reversals are also frequently accompanied by double bottoms or double tops seen more easily on 10 & 15 minute charts.
1 Year, Weekly - Sep. 25 - Long Range chart shows dominate Bullish Channel Trend. Market price action is near the base of the channel and suggests a bounce can be expected soon assuming the Bull remains defensive at this juncture.

Market Broke Support - Backs Away from Resistance

Corrections are to be Expected. How much & how long are good questions.

2 Day, 10 min. - Sep. 24 - Support gave way to a move downward. Market closed with very weak effort by the Bulls.
10 Days, 60 min. - Sep. 24 - Five day retreat.
3 Month, Daily - Sep. 24 - Bullish Channel Trend
1 Year, Weekly - Sep. 24 - Bullish Trend Channel - It is important to keep all time frames in mind when assessing the market.

Switch Hitting Market

Short vs. Long makes no difference. Traders can handle it either way.

2 Day, 10 minute - Sep. 23 - Quiet AM followed by volatile afternoon. See saw action reaction to the Fed. announcement. No change in rate but no more bailouts.
20 Day, 2 Hour - Sep. 23 - Resistance held at 107.40 until Bernanke Speak which sent the market up. This was shortly followed by a reversal that lost all gained ground.
3 Month, Daily - Sep. 23 - Bullish Trend on 3 Month Chart.
1 Year, Weekly - Sep. 23 - Long Term Bullish Trend

"Nothing Much Has Changed."

"I gotta bet back in the act!"

2 Day, 10 min. - Sep. 22 - The "Sleeping Tiger" made a quick dash at the rabbit but tired quickly and went back into her lair for more rest. "Resting" in consolidation creates tension and energy which when released can bring about significant movement (up or down).
20 Day, 2 Hour - Sep. 22 - Five Day line of Resistance has Formed. A Breakout above this Resistance Line could release significant energy to the upside. Retreat away from this line of confrontation would signal weakness and a tendency toward further correction to the downside.
3 Month, Daily - Sep. 22 - Bullish Trend Channel dominates this 3 Month chart. Price action is in the center of the channel. It could go either way but the trend is up.
1 Year, Weekly - Sep. 22 - Long Term Bullish Channel. MACD looks like it is due for some Red.

Poised for a Rebound - Sleeping Tiger?

Saving Up My Energy for a Breakout!

5 Days, 15 min. - Sep. 21 - Correction, Consolidation in Progress. The market could be resting and winding up for another breakout to the upside. I said, "Could be." It is hazardous to go out on a limb. We have no Crystal Balls.
3 Month, Daily - Sep. 21 - Bullish Channel Trend on this Intermediate Chart. Note the RSI, CCI trade triggers on pull backs.
1 Year, Weekly - Sep. 21 - Bullish Trend Channel on this longer range chart. RSI & CCI indicators help spot trade possibilities.

There is Risk in Riding the Bull!

The Ride Can be Exhilirating While it Lasts. A Fall Can Hurt!

2 Day, 15 min. - Sep. 18 - Second Day of Consolidation. Major Trend Remains Bullish.
20 Day, Hourly - Sep. 18 - Bullish Trend in this time frame. Price at 20 Day Moving Average.
3 Month, Daily - Sep. 18 - Bullish Trend! RSI and CCI bounces signal reversals.
1 Year, Weekly - Sep. 18 - Longer Term Trend is Bullish.

"Maintain a Big Picture Perspective Using Multiple Time Frames"

My Next Step is a "Secret" - Watch Me in the Morning!

2 Day, 15 min. - Sep. 17 - Short Term, Intraday Trades are facilitated by using Indicators such as RSI, CCI, MACD, and others. All indicators can be helpful, but it is best to find the ones that work best for you. There is no perfect system or ?Holy Grail."
10 Day, 60 min. - Sep. 17 - There have been 10 days of upward movement with each day closing higher than the day before. The market is due for a rest. There is a need for consolidation and digestion of these gains. Many expect a major correction with significant pull back in the market. A more likely outcome is for a sideways consolidation followed by a resumption of the Bullish move. There is no crystal ball and there is no certainty as to what happens next. The market is the market. The market will do what it wants. It has no respect for anyone else's opinion.
3 Month, Daily - Sep. 17 - Longer term there is a Bullish Channel Trend that has been well established since March 1. There were two pull backs along the way which were accompanied by RSI, CCI, Double Bottom signals to go "long." These are noted by Highlighted Ovals.
1 Year, Weekly - Sep. 17 - Yearly perspective can give you a Bird's Eye view of the market. Don't be blinded by short term market activity and news releases that can lead to emotional decisions which are almost always wrong. Let the market show its hand. When it is Bullish, Run with the Bulls. When it is Bearish, become defensive and work with the market. Swimming against the current may work on occasion but on average will lose. "The Trend is Your Friend."

Bull Stampede!

In a Stampede Endurance becomes an Issue!

2 Day, 5 min - Sep. 16 - The day begins in the 5 min. time frame. From this vantage point a gap opening begs for closure, but the internal quickly demonstrate strength and a reversal is revealed by a Double Bottom supported by a Snap Back Up in the RSI and CCI. From there on it was "Katie Bar the Door."
3 Month, Daily -Sep. 16 - Longer term Bull Trend is apparent. RSI and CCI can be excellent indicators of market reversal in any time frame.
1 Year, Weekly - Sep. 16 - Even on a One Year, Weekly the RSI & CCI shows its stuff.