Jailbreak Failed

 2 Year Weekly - Down

 10 Day Hourly - Weak Bull Potato

5 Day, 15 min. - 6.9.11 - Rollover into the Close Disappoints the Bulls

6 Days Dowm and Where Do We Go from Here?

 Traders Toolbox - Plenty to Choose From - Just be Selective

 SPY 2 Year Weekly - 6.8.11 - Six Weeks of Pull Back with No Brakes so far.

SPY 20 Day, Hourly - 6.8.11 - Six Days Down and No Brakes as yet.  That's right.  Six Weeks Down compounded by Six Days Down.  That could be called Doubling Down.  At any rate it is beginning to stretch statistical probabilities.

Hold Your Breath! Market at Break Point.

 Dramatic Market Moment!

 SPY 1 Year Weekly - 6 .7.11 - Price Action is in the 6th. Week of Downward Movement.  Bias is Down.  Moving Average Crossover is Pending if the Move Continues.

 SPY 20 Day, 2 Hour - 6.7.11 - Bias is Down.  Price Action continues below the 10 Day Moving Average. 

SPY 5 Day, Hourly - 6.7.11 - Weak close following Bernanke's Remarks.  Bear Potato Prevails.

Could be Too Much of a Good Thing for us Bears?

 A Little Caution Here Might be Appropriate

 SPY 2 Year Weekly - 6.6.11 - Five Weeks of Progressively Lower Closes on the Weekly.  There was a Bearish Engulfing Pattern last week.

SPY 10 Day, Hourly - 6.6.11 - Several Days of Down Might Call for a Bounce.  There could be some Short Covering which would add to an Upswing.  It Could be Short Lived.  Note how the On Balance Volume has Confirmed the Market Move.

The Bear has Ruled the Market of Late - But, For How Long?

 "I Don't Plan to Quit."

 SPY 2 Year, Weekly - 6.4.11 - Bearish Engulfing Pattern on Last Candlestick can be of Significance.  This is a Classic Bearish Signal.

 SPY 3 Month, Daily - 6.3.11 - Trend is in Decline.  The Market is Searching for Support.

 SPY 10 Day, Hourly - 6.3.11 - Price Action is Below the 10, 20, & 50 Day Moving Averages.  A Strong Bear Potato Dominates the Picture as We Head into Monday.  The Bias is Down but the Bulls can Never be Counted Out.

Sleeping Tiger in the Making (Consolidation)

 I Gotta Get My Rest to be Ready for the Sprint

 SPY 3 Day, 90 min. - 6.2.11 - Channel Trend is Down Short Term.  Price Action is in Consolidation Phase (Sideways).  Note the Horizontal Range Lines.  A Breakout will go One Way or the Other. 

SPY 2 Day, 15 min. - 6.2.11 - Sideways Consolidation between the Horizontal Lines.  Looking for a Breakout which will Happen at some Point.  Bias is Down as Price Action is Below the 50 Day MA. 

Price Action at Resistance at Top of Channel Trend

 The Wall of Resistance does Have Holes - We will see!

SPY 30 Day, 90 min. - 5.27.11 - Channel Trend is Bearish.  Rally last week carries the Price Action up to Resistance.  A Breakout above Resistance could Offer Higher Prices.  On the other hand a Roll Over following Consolidation would be Compatible with Past Performance.

"A Day Late but, Not a Dollar Short!"

 "Told Ya So!"

 SPY 30 Day - 5.26.11 - Check the MACD as it confirms the Reversals.  For the past couple of days the Sideways Consolidation has been recognized as a place from which a Breakout would occur.  Direction was not foreseen, but the Breakout was anticipated.  Today it happened to the Upside.  In addition the 50 Day Moving Average was traversed to the upside so it now becomes resistance,  A new swing to the upside is anticipated from here based on Technical patterns.

SPY 10 Day, Hourly - 5.26.11 - Breakout from a Sideways Channel Consolidation Pattern of the last 4 Days.  Moving Average Crossover suggests a new Movement to the Upside that could Sustain over a Day or Two (more is always possible).  Trend Channel remains to the Downside but short term the Price Action is Up.

Watch Out if the Sleeping Tiger Wakes Up!

"I'm Just Winding Up My Spring"

 SPY 30 Day, 90 minute - 5.24.11 - Trend is Down.  Consolidation has been the Pattern the last few days.  Energy is Building for a Breakout witch could be Explosive with Acceleration.  Price Action is Below the 50 Day Moving Average.

SPY 10 Day, Hourly - 5.24.11 - Chart displays the Consolidation Channel.  Breakout could go in either Direction, but the Recent Trend has been Down.

Moving Average Crossroads

 50 Day Moving Average Offers Support - Divides the Bulls and the Bears

 SPY 3 Month, Daily - 5.19.11 - Critical point of Conflict between the Bulls and Bears.  50 Day Moving Average at Risk.  Do we get a Bounce or a Breakdown?

 SPY 30 Day, 90 min. - 5.19.11 - As the Wedge narrows the Market will make a Break one way or the other.

SPY 10 Day, Hourly - 5.19.11 - The Longer Term Trend lines are Critical and Most Important in Seeking Market Direction.  Narrow the View to a Closer Short Term View to Make Entry and Exit Decisions.  The Charts are consistent with a move to the Downside, but, the Market has a way of doing the Opposite of what is Expected.