The Bear is Back!

 "Out of Hibernation and Ready for Action"

SPY 30 Day, 90 minute - 5.16.11 - Breakout to Higher levels failed.  Market Pulling Back seeking new Support.  Large Gap just below Price Action is a Vacuum looking to Close.

The Bull Broke Out!

 Is There Stamina Enough to Stay the Course?

SPY 10 Day, Hourly - 4.10.11 - The Trend Line as shown yesterday was broken.  Low volume on the breakout has been noted by other analysts which casts doubt on continuation.  The Proof though is in Performance.  The Next Resistance is the Last High.

Could the Bull be Back?

 Moving Average Crossovers are Not Bull

SPY 10 Day, Hourly - 5.9.11 - New Bull Potato in Formation.  Price Action now above the 10 & 20 Day Moving Averages.  Bullish Pattern awaits Breakout over Descending Trend Line for Confirmation.

Sideways Consolidation Continues

 Consolidation Periods Demand Caution.  Breakouts can be in Either Direction.

SPY 30 Day. Hourly - 5/7/11 - Longer Trend is to the Upside.  Shorter Term the Direction is Sideways to Down.  Price Action is Below the 20 & 30 Day Moving Averages.  Trend Channel is UP.  Price Action is Looking for Support to go Higher.  Consolidation continues between 133 and 135.

The Bear is on a Tear

 There's a Lot to Stew About in the Market

SPY 30 Day, 90 m. - 5.5.11 - 10/30 Moving Averages form a Bear Potato to the Downside.  No Apparent Support at Hand.  Outlook is for Further Decline or Consolidation in the very short term.

Bear Move Until Proven Otherwise

 Mr. Bull and Mr. Bear in a Faceoff

SPY 3 Day, 90 m. - 5.4.11 - 10/30 Moving Average Crossover puts Price Action in Bear Territory.  This is a clear Trend Reversal Pattern.  Market from here will most likely move into Consolidation preparing for another effort to the Upside.

Transitional Bull-Bear Tug O' War

 Market Seeking Direction

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SPY 30 Day, 2 Hour - 5.3.11 - 8 Day Potato Yielding to New Bear Potato in Apparent Formation (this could fail to happen).  MACD and OBV Rolling Over to the Downside.

SPY 5 Day, 30 m - 5.3.11 - Bear Move below the 10 Day MA.  Belly Punch signals attempt to resume Bull Move.  Results are Up for Graps.

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.