The Bear Rages On!

SPY 3M, Daily -  The above chart continues to show the sideway pattern that has existed for the past 6 weeks.  The last 10 sessions have resulted in almost a continuous downward move.  
SPY 10D, 60m. - The anticipated new Bull Potato was not confirmed on the 60m. chart.  "Jumping the Gun" and taking a position anticipating the move can be hazardous and should be avoided.  After today's session we are again presented with a possible new Bull Potato.  Again we must wait on confirmation or risk losing as the Bear resumes his downhill run.  Areas of interest are in Gold.
SPY 10D, 30m. - Shows a lot of bullish activity as the MA's are crossed to the upside.  This is promising but must be confirmed before taking a bullish position.
SPY2D, 5m. -  The JA Plays of the day are depicted on this chart.  "JA" has observed that there are intraday opportunities by playing the "mini-potatoes".  There were two good profit opportunities today as pointed out on the chart.  These charts can be enlarged by clicking on the chart.