Poised for a Rebound - Sleeping Tiger?

Saving Up My Energy for a Breakout!

5 Days, 15 min. - Sep. 21 - Correction, Consolidation in Progress. The market could be resting and winding up for another breakout to the upside. I said, "Could be." It is hazardous to go out on a limb. We have no Crystal Balls.
3 Month, Daily - Sep. 21 - Bullish Channel Trend on this Intermediate Chart. Note the RSI, CCI trade triggers on pull backs.
1 Year, Weekly - Sep. 21 - Bullish Trend Channel on this longer range chart. RSI & CCI indicators help spot trade possibilities.

There is Risk in Riding the Bull!

The Ride Can be Exhilirating While it Lasts. A Fall Can Hurt!

2 Day, 15 min. - Sep. 18 - Second Day of Consolidation. Major Trend Remains Bullish.
20 Day, Hourly - Sep. 18 - Bullish Trend in this time frame. Price at 20 Day Moving Average.
3 Month, Daily - Sep. 18 - Bullish Trend! RSI and CCI bounces signal reversals.
1 Year, Weekly - Sep. 18 - Longer Term Trend is Bullish.

"Maintain a Big Picture Perspective Using Multiple Time Frames"

My Next Step is a "Secret" - Watch Me in the Morning!

2 Day, 15 min. - Sep. 17 - Short Term, Intraday Trades are facilitated by using Indicators such as RSI, CCI, MACD, and others. All indicators can be helpful, but it is best to find the ones that work best for you. There is no perfect system or ?Holy Grail."
10 Day, 60 min. - Sep. 17 - There have been 10 days of upward movement with each day closing higher than the day before. The market is due for a rest. There is a need for consolidation and digestion of these gains. Many expect a major correction with significant pull back in the market. A more likely outcome is for a sideways consolidation followed by a resumption of the Bullish move. There is no crystal ball and there is no certainty as to what happens next. The market is the market. The market will do what it wants. It has no respect for anyone else's opinion.
3 Month, Daily - Sep. 17 - Longer term there is a Bullish Channel Trend that has been well established since March 1. There were two pull backs along the way which were accompanied by RSI, CCI, Double Bottom signals to go "long." These are noted by Highlighted Ovals.
1 Year, Weekly - Sep. 17 - Yearly perspective can give you a Bird's Eye view of the market. Don't be blinded by short term market activity and news releases that can lead to emotional decisions which are almost always wrong. Let the market show its hand. When it is Bullish, Run with the Bulls. When it is Bearish, become defensive and work with the market. Swimming against the current may work on occasion but on average will lose. "The Trend is Your Friend."

Bull Stampede!

In a Stampede Endurance becomes an Issue!

2 Day, 5 min - Sep. 16 - The day begins in the 5 min. time frame. From this vantage point a gap opening begs for closure, but the internal quickly demonstrate strength and a reversal is revealed by a Double Bottom supported by a Snap Back Up in the RSI and CCI. From there on it was "Katie Bar the Door."
3 Month, Daily -Sep. 16 - Longer term Bull Trend is apparent. RSI and CCI can be excellent indicators of market reversal in any time frame.
1 Year, Weekly - Sep. 16 - Even on a One Year, Weekly the RSI & CCI shows its stuff.

I Can't Believe This Myself!

We Bulls Have Our Tongues Hanging Out Real Big!

2 Day, 15 min. - Sep. 15 - Note RSI, CCI, & Double Bottom convergence that allows for market entry when other factors are bullish. The Black Numbers are the Net ADs (Up ADs minus Down ADs).
20 Day, 60 min. - Sep. 15 - Bull Channel is dominate. Oscillation noted in pattern. Market trading in the upper aspect of the Acceleration Channel. Always keep a longer range trend in mind when trading short term. Swimming against the current can use up your energy as well as your money.
3 Month, Daily - Sep. 15 - On this longer range chart the RSI, CCI relationship is still apparent. Until proven otherwise this looks like a very promising "Trade Trigger". Comments on this are welcome.
1 Year, Weekly - Sep. 15 - Bullish Trend noted. Again the RSI, CCI, Double Bottom convergence for entry is a very interesting phenomenon.

The Bulls Rule the Roost

A Bull Run has been in force since March 1st. The Market is Overbought. It is very subject to a correction but Buyers stay excited.
2 Day, 15 min. - Sep. 14 - RSI (2) snap back ups combine with CCI, MACD, and Double Bottoms to help trigger entry points. Combination of these signals coordinated with the Internals are critical for success. Emotions and Ego must be neutralized.
3 Month, Daily - Sep. 14 - The same relationships can be seen on longer range charts.
1 Year, Weekly - Sep. 14 - Even on Weekly charts they are significant. In other words these indicators can be used for Day Trading, Swing Trading, and Longer Term Investing.

Market Flat Going into Weekend. Slippery When Wet!

Monday's Opening will be Interesting. It could go either way.

2 Day, 10 min. - Sep. 11 - RSI in the Basement offered hints at trades but the internals did not support the move. Sideline spectator seats were the best.
10 Day, 60 min. - Sep. 11 - Bullish Channel Trend is evident.
3 Month, Daily - Sep. 11 - Bullish Channel Trend on 3 month chart.
1 Year, Weekly - Sep. 11 - Bullish Channel Trend apparent on Weekly chart. In other words all charts are bullish.

Scan the Instruments -Know Where You Are.

Indicators are Great. Select the ones that work for you. More is not better. Two or three can be more manageable than five or six. Too many is confusing and counterproductive. Once you have your selected indicators learn the scan them as a pilot scans an instrument panel.
2 Day, 10 min. - Sep. 10 - When the RSI is in the Basement it may be a signal to consider a high probability trade.
20 Day, Hourly - Sep. 10 - Oscillating within the Acceleration Bands. The center line in the Acceleration Bands is the 20 Day Moving Average. Above the 20 Day MA is bullish and below is bearish.
1 Year, Weekly - Sep. 10 - RSI in the Basement may signal trade opportunities.

Bulls, Bulls, Bulls, Bulls - They just don't Quit

"A Six Month Bull Run is Not Bad - Unless You are a Bear."

1 Year Weekly - Sep. 9 - Longer Term Charts give a Bullish View of the Market. Don't lose sight of the forest for just looking at the trees.
30 Day, Hourly - Sep. 9 - Oscillating but Bullish at the same time. Overhead resistance has not hell the market back in the past. Why should it back off now?

Bumping Off of Resistance - Where to Next?

Making Sense of This is Not Simple Mathematics

2 Days, 10 min. - Sep. 8 - Bumping Heads or Crashing the Roof?

20 Day, 60 min. - Sep. 8 - Oscillations above and below the 20 Day, Moving Average. Range Bound Market.
3 Month, Daily - Sep. 8 - Obvious Bull Channel Trend continues to hold sway. The Bulls are in charge until grounded by the Bears. That has not happened yet.
1 Year, Weekly - Sep. 8 - Long Term Channel Trend is Bullish.