New Directions ??? New Decisions !!!

Crossroads in Market as Dollar Devaluation Continues

SPY Daily 11.12.10 - Herring Bone Breakouts offer opportunities.

/NQ Daily - Herring Bone Breakouts.

/ESZ0 Daily - Herring Bone Breakouts.

The Market is On Fire!

Daily Charts Bullish.  Trend Bullish.  Where is the Top?

20. 50, 200 Moving Averages Diverging.  Trend Bullish.  Caution appropriate as Market is Overbought on CCI and RSI.  At the same time the Market can easily stay Overbought for a significant period of time.

Busting Out!

I'm on a Tear!

Bull Flag Breakout to the Upside in the Offing!

Resistance is Crumbling.

The Bear Trapped Snapped Shut!

Gotcha!

Beware of the Bear Trap!

The Bear has Stuck His Head Out.  Is he for Real or is it a Head Fake?

Previous Charts can be reviewed as little has changed.

Trend Remains Up

That's Just the Way It Is

Winding Up the Spring! Be On the Ready!

"I may be sleeping, but I am ready to pounce."

All charts are 3 Month, Daily with superimposed reversal points (Ovals).  Each candle represents one trading day.  At each reversal a New Trend is created.  Using the CCI, PPS, Williams %R, and MACD, coordinated confirmations can be seen that allow the Swing Trader to take appropriate action.  The following are not specific recommendations as to what to buy or sell.  These are simply personal observations that are under study and are made available to those who are interested.  Charts can be enlarged by clicking on the chart.  We have observed that the first signal of change is in the CCI indicator as it crosses the Moving Average line.  An "Alert" inside an Oval is placed where that occurs.  An Alert is just that.  It is a "Heads Up."  Three of the charts have "Alerts" posted.  In general the prevailing trends are up, however, the market is in "Oversold" territory and the Yellow Flag is out.

9.29.2010

SPY

MNX

QQQQ

DJX

IWM

Blowing Bubbles is Not All Bad When Choices are Risky

Number One Bubble Blower

Following are 3 Month, Daily Charts on the SPY, MNX, QQQQ, IWM not necessarily in that order.  The important this is to identify the Current Trend for Swing Trading purposes.  This system has limited application to Day Trading.  The Charts display Price Action, CCI, MACD, Williams %R.  Oval spots designate reversal of direction and establishment of a New Trend.  (This is not a recommendation as to what action to take and is not to be accepted as a proven market management theory - all trades and investments represent significant risk.  This Blog is an ongoing record of my personal observations that I share with friends and associates who are interested.)

All Charts are as of 9.28.10

Transaction Junction!

SPY3 M. Daily,  9.27.10 - You Tell Me!

MNX 3 M. Daily - A Bit More Positive!

Determine the Trend is Fundamental

The Trend is Your Friend - Without a Sense of Direction We are Lost!

MNX 3 Month, Daily - CCI Crossovers followed by PPS Long/Short Signals with confirmation by W%R and MACD (highlighted by ovals on chart) help determine the short term trend for Swing Trades (This is of minimal help in Day Trading).

SPY 3 Month, Daily

DJX 3 Month, Daily

IWM 3 Month, Daily