"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
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