Tuesday, January 12, 2010

Sometimes the Market Seems a See Saw!


When the Market Seems a See Saw go to the Longer Time Frame for Perspective.



JA 12 - SPY - 6 Month Daily - The Pull Back today seemed significant at close range.  A longer term view as seen in this 6 month chart reveals that it was just a blip in a longer term Bull Move.  Put that in your Pipe and Smoke it.

Bull Start on New Year - Lead the Target - Buy on Pull Backs!


Take Aim at Your Expectations - Use the Indicators Wisely



Jan. 11, '10 - SPY - 5 Day, 15 min. - Bull Start to New Year - Trend is Up - Take Positions on Pull Backs to the Lower Regression Line.

Think or Swim SPY Chart - Buy below the Regression Line and Watch the CCI and RSI for Pull Backs to the Bottom Lines and Expect Bounces.

MNX - Mini Nasdaq - Bullish Trend but More Flat & Sideways in Last 5 Days - Watch for Pull Backs and Take Aim at Expectations within the Regression Channel.