"May You Be Served"

"At Your Service.  The Buffet is Set and Ready.  The Tray is on a Tilt!"

2D, 15m. - Apr. 14 - Important points here are that price action was below the 20 Day Moving Average which most traders consider as the "Holy Grail."  In fact many use the 20 Day Moving Average as a line to play their trade off of.  In other words, just dance along the top of or just below the 20 Day.  That is for some a "simple strategy" to follow.
10D, Hourly - Apr. 14 - "The Tray is Tilted."  Within the intermediate term bullish trend there is this shorter term tilt to the downside that can be seen in the above chart.  This could result in a continued downward movement on Wednesday and could be followed by a "Bounce."
3M, Daily - Apr. 14 - Daily Bullish Trend continues but is running into Resistance at the 88 level.  There are multiple gaps within the Trend which are symptomatic of the volatility in this market.  The Trend is Bullish and the MACD is Black which is Bullish.  The CCI is above the Zero line which is Bullish.  Having said this we know that the market is fickle and will do what it wants.

The Sleeping Tiger Leaps Into Action on Que!

"As if a Bull is not enough to worry about.  Now they have come up with a Tiger."

1D, 5m. - Apr. 13 - The Sleeping Tiger hit on on cylinders for a perfect play.  The chart tells the story.  This was an actual trade that took place today.  Toni Turner explains this strategy on the Money Show.  He tutorial can be reviewed by clicking on the Sleeping Tiger in the sidebar.
20D, 2 Hour - Apr. 13 - The 20 Day channel remains bullish.  There has been considerable volatility along the way.  The MACD and CCI are well into positive territory and indicate an overbought condition for the moment.  This could result in a pull back which may only be temporary.
3M, Daily - Apr. 13 - The Bullish move has taken closer to Resistance at the 88 level.  There are numerous gaps that cry to be filled.  Continued volatility can be expected.  All indicators are Bullish for the short term.  Long term the trend is still Bearish.

Catch Me if You Can!

"Now that Easter is over, I am on the Run.  Catch me if you can." - Market Bunny

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"Upside Explosion after Two Days of Loading Up."

"The Bull Roars Ahead on Wall Street" 

2D, 10m. - Apr. 9 - A large Gap Up was followed by a narrow range advance.  This continues a 20 Day trend to the upside.  In Potato Trading the idea is to stay on the outer skin of the Potato while avoiding the Devil's Den (within the potato's body).  The Devil's Den is the "battleground" between Bulls and Bears and is noted for volatility and reversals.
10D, 30m. - Apr. 9 - The last ten or so days have been difficult to trade due to inconsistent market movements.  There has been a lot of "porpoise" like activity with frequent ups and downs among the potatoes.  The overall trend has been up but there have been multiple retreats and advances.
3M. Daily - Apr. 9 - Longer term the trend has been and continues Bullish.  All action is above the 10D MA.  MACD is Black.

"Sideway Incubation Period"

"Two Days of Nesting.  What are we about to Hatch?"

2D, 10m. - Apr. 8 - Two days of range bound market consolidation.  No particular momentum developed in either direction.  The Long Term Trend has been Up and the Short Term Trend has been slightly down (see next chart).
10D, 30m. - Apr. 8 - Short term bear trend within a longer term bull trend.  Both channels can be seen in this chart.  The last two days have shown no trend in either direction.
3M. Daily - Apr. 8 - This longer term 3 month chart shows the bull trend of the last month.  We are approaching Resistance at the SPY (S&P 500) 88 level.  A break through that Resistance would indicate additional breathing room to the upside.  Failure at that Resistance might lead to resumption of the Secular Bear Market.

"Where, O'Where, Do We Go from Here?"

2D, 10m. - Apr. 7 - Gap down followed by a narrow range day.  Weak internals entire session.  Market trended lower but with little momentum.  There was extreme weakness at the close as can be seen in the Tall Red Candle.
10D, 30m. - Apr. 7 - The 10 Day chart shows the dominant Bull Channel.  The market closed at the low of the channel.  You can appreciate the continuation of the gradual down trend that extends back through the previous three sessions.  Is this a Bear Trend mixed in with the dominant Bull Channel.  The weak close today suggests weakness tomorrow, but we know from experience that that is far from being a sure thing.
3M, Daily - Apr. 7 - The Bull Channel prevails on this longer term chart.  The Price Action is above the Moving Average Fast Line (10 Day).  Note the Black MACD during this bullish phase and the CCI remains high in the range.  The "Trend is Your Friend", but all trends come to an end sooner or later.

Magical Market Momentum Moves!

"Like a Genie Out of the Lamp, the Market Maintains Momentum!"

2D, 10m. - Apr. 6 - Today's session was spent mostly in the Devil's Den which is usually associated with turbulence and intraday reversals.  Today was no exception to that observation.  The Internals were weak and yet the market behaved with incredible strength even though the morning was characterized by a down trending market.  The afternoon session was very different.  Notice all the Tall White Candles which emphasize the bullish nature of the afternoon activity.  The Channels tell a picture story of today's market behavior.
10D, 60m. - Apr. 6 - The Bull Potato survived a day of weak internals and was saved by an afternoon rally during which the Bear were chased into the woods.  The market ended above the 10D Moving Average which preserved the technical requirement for a Bull Potato.  Again the perilous nature of the Devil's Den is mentioned.
3M, Daily - Apr. 6 - The Trend Continues to be Your Friend.  The Bull prevails on the longer term chart as well.  In spite of general economic problems the market seems to anticipate better times are ahead.

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