A Bit Tiipsy at the Top

 

 Possible Turning Point in Market Direction

 

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SPY 30 Day, 2 Hour - 5.2.11 - 10 Day MA Break as Market Closes at a Low for the Day.  MACD Rolling Over and OBV Dips.  No Certainty, but these are Signs of Fatigue at the Top.

Seven Days of Bull Action!

 I May be Out of Breath, but I do Have Heart!

SPY 30 Day, 2 Hour - 4.29.11 - Seven Days of Bull is a Lot to Swallow.  Can the Bulls "Keep it Up?"  Your can follow the Potatoes between the 10 & 30 Day Moving Averages (Gold & Green Lines).  The "Trend" is the Most Important Indicator of them all.

Dollar Up in Smoke - Market on Fire!

 Debt Crisis and Demise of the Dollar Dominates the Scene

SPY 30 Day 2 Hour - 4.28.11 - There are Ups and Downs in the Market, but trading with the Trend has obvious advantages.  The "Trend", in fact, is the most important tool in the investor/trader toolbox.  It is so obvious and yet frequently disregarded.

This Market is Something to Crow About!

 Let's Hope I Don't Lay an Egg!

SPY 30 Day, 2 Hour - 4,27.11 - Trends are best analyzed on the longer term.  This chart is a 30 Day chart which is actually a 6 week period of time.  The Trend is UP.  Old Resistance becomes New Support.  Pull Backs to Support are Bought at Support preparing for the Next Leg UP.

Bullish Breakout Over Resistance!

 How about that?  Knocked down that fence like it wasn't even there!

SPY 20 Day, 2 Hour - 4.26.11 - Bullish Trend is "Back on Track."  Resistance should now be New Support.  The "S" factor is Bullish.

Market at Resistance

 Resistance Looms Overhead

SPY 20 Day, 2 Hour - 4.21.11 - Large Gap Up Last Week Creates Questions on the Next Move.

Celebration of Earnings!

 Earnings Beat Expectations & the Market Reacted

SPY 30 Day, 2 Hour - 4.20.11 - Large Gap Up on Earning Reports.  Considerable Resistance Lies Just Above,

What's a Bear to Believe?

 I Think I've Seen this Before!

SPY 20 Day, 2 Hour - 4.12.11 - Pull Back seeking Old Support.  Do we get a Bounce or a Lower Low?

Thought We Had Good a Grip on Things?

 A Sure Thing is Never, Ever a Sure Thing

SPY 20 Day, 2 Hour - 4.11.11 - What Looked Like a Firm Foundation was Shifting Sand.  Next Stop 132.00 for Support on the SPY.

Sleeping Tigers Build Up an Appetite

 Appearances can be Deceiving

SPY 20 Day, 2 Hour - 4.8.11 - Range Bound but at Support.