And the World Goes 'Round!

• There is Symmetry and Art in the Markets

12.21.11 SPY 20 Day, Hourly - 13/34 Day Moving Average - Fundamental Range Analysis and Moving Average Crossover study.  On Balance Volume moving up which is Bullish.  Bullish crossover to the upside on the Moving Averages.  This looks Bullish to me.  What do you think?

I Been Hit in the Head, but I see some Possibilities!

What goes up has got to come down.

What goes straight up will not last.  Next leg could be down.

Box Breakouts for Profit Opportunity!

The Profit lies Between the Boxes, Not Inside the Box!

SPY 10 Day, Hourly - 8.12.10 - Playing the Breakouts can be a lot of Fun when you're on the Right Side of the Trade.  Combine the Breakouts with the MACD and other Indicators as explained in the "Sleeping Tiger Trade."

"Consolidations Offer Opportunities - Look for Breakouts!"

A Sleeping Tiger may wake up Hungry!

SPY 20 Day, 1 Hour - 8.9.10 - Congestion and Consolidation may be boring but sooner or later it results in a Market Move.  The Hungry Tiger lies in Wait for the Opportunity to Pounce.

Which Way Does the Worm Turn?

Sidewinder Action with a Bullish Bias

SPY 60 Day,  2 Hour - 8.3.10 - Resistance above and the longer term trend is down.

Oversold Rally Spurs the Bulls!

Bullish Trending Day on Wednesday

SPY 2 Day, 15 min. - 7.7.10 - Note PPS (Green Arrow) Signal and MACD Crossover Convergence showing entry point to the upside.

SPY 20 Day, 1 Hour - 7.7.10 - Rally off of Support on Wed. - Will there be "Followthrough" on Thursday? - MACD shows momentum to the upside and is not yet in overbought territory.

SPY 2 Day, 10 min. - 7.7.10 - "Riding the 20 Day Moving Average (Green Line) "The Holy Grail"

What Next? Bear Market, Bust, or Bounce!

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Futures are "Red."  Indicates more move to the Downside!

"EUROsion" of Confidence

EURO down, Dollar up, Market down.

US Dollar Stronger as Europe faces Debt Crisis

The Recent Bullish Potato looks headed for the Compost Pile.

SPY Projected to Gap Down on Tuesday.  Note the OVAL.

SPY Rally Looks "Over and Done."

Looking for Understanding with Compassion!

We are not Bulls or Bears, but We love to work Together!  That is the Market.

"The Trend is Your Friend" - When in Question, Look at the Long Term.

Shorter Term the Trend is still to the Upside.

I Just Keep Watching 'Dat Dollar!

Boy, You Think You're Confused?

Dollar Pulling Back Again!  Bullish for Market. (Click Image to Enlarge)

SPY 6 Month, Daily - 4.8.10 - Bullish Trend in general with one day of pullback.  Pivots are Bullish.

SPY 10 Day, Hourly - 4.8.10 - Market resumes upward movement following corrective pullback.  The Bulls are still in charge.

Mathematical Odds Favor the Upside

The "Bell Curve" can work in the Market as Well as Elsewhere when it comes to the Laws of Probability.  (Click on the Graphics to Enlarge View)

SPY 6 Month, Daily - 3.26.10 - The limits of the "Regression Channel" seen above represents "One Standard Deviation" from the price range since the middle of Feb.  The Channel is Trending Up.  There is a 68.2% chance that the market will trade between the upper and lower limits of this channel.  This is not a guarantee, but those are the mathematical odds at the moment.  In general longer range charts are more reliable as to Trend as compared to shorter range charts and patterns.  The Solid Lines are Pivot Points with the upper and lower bars being Resistance and Support for the Week.  This week the Pivots suggest a Higher Market is in store using mathematical equations within a Technical Analysis framework.

Which Way?

Cross Currents Make the Market Exciting!

Acme Packet - APKT - Situation Repeats with Support and Resistance in this Volatile Parabolic Issue.  This is a continuing study of an Interesting stock movement.  It is not a recommendation to buy or sell.  This is presented for educational purposes only.

The Memphis "Pippin" Exemplifies Volatility

We can go into a lot of definitions and technical jargon to explain "volatility."  The fact is that anyone who has traded in the market has either been the beneficiary or victim of "volatility."  Trading and taking positions in periods of high volatility can extract a cost that oftentimes is unexpected.  When prices are on the move, the market makers increase the spread between the bid and ask price.  On the other hand when there are periods of low volatility these spreads may only be a penny (vs. 5-10 cents).   Therefore, periods of low volatility can be opportunities to take positions that will be "goosed" by the increased volatility.  The Bollinger Bands demonstrate volatility by showing the "second" level of standard deviation from the norm.  The Bollinger Bands capture 95% if the price action, and should the price go beyond that, it is more than likely that a new direction has been established.  

Click on the Following Charts to Enlarge the View

SPY 3.8.10 - One Day, 15 min. - There was an expansion of volatility yesterday as the market moved up.  Today was a "Sideways" day, and you can see that the Bollinger Bands contracted.  In fact, even though I had a position from yesterday which went up, the value went down due to volatility.  The present contraction of the Bollinger Bands is actually an opportunity the benefit from an eventual expansion of volatility.  All contractions are followed by expansion and all expansions are followed by contractions.  It is the job and art of the trader to anticipate these moments of changes in volatility as well as market direction.

Click on Chart to Enlarge

SPY 5 Day, 15 min. - This 5 Day chart demonstrates the gap up on Friday and the Bollinger Band expansion.  During this period of time the "spreads" between bid and ask on any issue broadened.  It is often felt that a contraction of volatility and subsequent narrow Bollinger Bands is "boring."  To the contrary, this may be a great opportunity to take a position (up or down) and when it occurs (if you are right on direction), you will benefit by expansion of volatility.

There is a Strategy called "Sleeping Tiger" explained by Toni Turner that shows how to take advantage of this situation.  It is one of her favorite trades.  You can find that is the Sidebar on the Blog.

Wandering in the Wilderness - Market Seeking Direction

A Lot of Mixed Signals at the Present -  Market Moves Require Patience

SPY - 2.3.10 - Sideways Price Action just below the Pivot which actually represents Old Support which is now New Resistance.

DJX - 2.3.10 - Dow Jones Index similar to the SPY - Hovers just below the Pivot and Resistance.

MNX (Mini Nasdaq) - 2.3.10 - Very similar pattern.  A Breakout above the Pivot would be Bullish and suggest a move back into the Bullish Channel that has lasted over 6 months.  At the same time the new trend has been Down and Bearish.   Additional weakness would confirm another leg down in the market.

Politics Takes Center Stage!

Wall Street Responds to Political Sea Change!  What Else is There to Say?

All Indexes in Tandem! Some More Volatile than Others!

The Index Charts Show Similar Patterns of Bullishness with some Variance in Volatility.  Projected Pivots help Point the Way.  There is no Crystal Ball but we do have our Indicators.  Keep you eyes on the Indicators and Not on the Price Action.  The Best Decisions are made when Emotions are Suppressed.  Flying by the Seat of the Pants can Lead to a Tail Spin.

DJX

QQQQ

SPY

RUT - Exhibits  a Volatile Pattern by Comparison

The Bottom Line is that the only Way to Learn this Business it to "Do It."

Pivot Gravitation at Work!

As in the Universe, there is a Gravitational Mathematical Pull Back to the Center of Activity!

5 Day, 15 min. - SPY - Rally Back to the Centerline.  The Trend is the Trend.  It pays to pay attention.

6 Monrh, Daily - SPY - 1.13.10 - Option Expiration is Feb. 19 -  Our Goal is 117 one week before expiration.  Option Spreads can be set up to aim to that goal.  Adjustment can be made to stay on course.

DX - US Dollar - Decline in Value Continues - At face value we ask how and why can the market move up when our Dollar goes down.  The answer lies in the fact that as the Dollar declines, commodities such as gold, oil, copper become more expensive.  Many stocks are affected by this increased value of  commodities.  In addition, as our government promotes and activates reliance on Monopoly Money, many people are anticipating inflationary side effects as time moves along,

Hat Trick - 1.13.10 - Iron Condor is progressing nicely.  This is a 4-5 week trade.  Adjustment may be needed along the way.  The idea is that the  market remains mostly sideways and money is made on Time Decay.