Winding Up the Spring! Be On the Ready!

"I may be sleeping, but I am ready to pounce."

All charts are 3 Month, Daily with superimposed reversal points (Ovals).  Each candle represents one trading day.  At each reversal a New Trend is created.  Using the CCI, PPS, Williams %R, and MACD, coordinated confirmations can be seen that allow the Swing Trader to take appropriate action.  The following are not specific recommendations as to what to buy or sell.  These are simply personal observations that are under study and are made available to those who are interested.  Charts can be enlarged by clicking on the chart.  We have observed that the first signal of change is in the CCI indicator as it crosses the Moving Average line.  An "Alert" inside an Oval is placed where that occurs.  An Alert is just that.  It is a "Heads Up."  Three of the charts have "Alerts" posted.  In general the prevailing trends are up, however, the market is in "Oversold" territory and the Yellow Flag is out.

9.29.2010

SPY

MNX

QQQQ

DJX

IWM

Blowing Bubbles is Not All Bad When Choices are Risky

Number One Bubble Blower

Following are 3 Month, Daily Charts on the SPY, MNX, QQQQ, IWM not necessarily in that order.  The important this is to identify the Current Trend for Swing Trading purposes.  This system has limited application to Day Trading.  The Charts display Price Action, CCI, MACD, Williams %R.  Oval spots designate reversal of direction and establishment of a New Trend.  (This is not a recommendation as to what action to take and is not to be accepted as a proven market management theory - all trades and investments represent significant risk.  This Blog is an ongoing record of my personal observations that I share with friends and associates who are interested.)

All Charts are as of 9.28.10

Transaction Junction!

SPY3 M. Daily,  9.27.10 - You Tell Me!

MNX 3 M. Daily - A Bit More Positive!

Determine the Trend is Fundamental

The Trend is Your Friend - Without a Sense of Direction We are Lost!

MNX 3 Month, Daily - CCI Crossovers followed by PPS Long/Short Signals with confirmation by W%R and MACD (highlighted by ovals on chart) help determine the short term trend for Swing Trades (This is of minimal help in Day Trading).

SPY 3 Month, Daily

DJX 3 Month, Daily

IWM 3 Month, Daily

Get on the Right Side of the Potato!

There is a Top Side and a Bottom Side.  Be on the Right Side!

Potato Grande!  Twelve Days.  Follow the Yellow Road!

I Been Hit in the Head, but I see some Possibilities!

What goes up has got to come down.

What goes straight up will not last.  Next leg could be down.

Box to Box Trading Can be Fun! Just Pick the Right Direction.

Who knows what comes out of the Box.

The Market runs from "Box to Box."  Each box is consolidation and will ultimately resolve in a Breakout.

Volatility From Box to Box

Keep Your Eye on the Bouncing Box!

SPY 20 Day, Hourly - 9.7.10 - Boxes can be Opportunities as they Present Breakout Possibilities.  Just Pick the Right Direction.