Libyian Unrest Rocks the Markets

 International Uncertainty Prevails

S&P Futures Suggest a Bounce after the Slide on Tuesday.  Caution is Prudent given the Market Sensitivities to News Events.  The Chart demonstrates the Steady Decline in Price Action complimented by the On Balance Volume indicator.  Recovery is seen headed into the Golden Zone of "Value".  This is a 6 AM Point of View on 2.23.11.

Fire Storm on Wall Street!

 

The Bears have no Water

 

SPY 1 Day - 2.17.11- On Balance Volume led the Charge!

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A Charge Up San Juan Hill?

 Looks Like a Stampede to Me.  It Could Get Spooked!

 

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SPY 20 Day, 2 Hour - Channel Trend Continue UP!  When all looks Rosie, it may be Time for Caution.

 

SPY 5 Day, 30 min. - 2.16.11 - Gap Up!  New Highs!  Take Care!

Winding Up the Spring for a Leap Forward

 Preparing to Pop the Box

 

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SPY 5 Day, 30 min. - 2.15.11 - Following a long burst of Bullish Move, the market has to pause and digest and after a few "Burps" will Spring Forward assuming their is Bullish Money on the Sideline.

SPY 20 Day, 2 Hour - 2.15.11 - Channel Trend is Up.  The Easier Trade is With the Trend and Not Against it.

FOR A GALLERY SLIDE SHOW REPLAY OF TODAY'S MARKET, COPY AND PASTE THE URL:

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What's your opinion?

 

One Book, Different Opinions.  That what makes a Market!

 

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SPY 2 Day, 10 min. - 2.14.11 - Bullish Move Continues but with a Slow Grind

 

20 Day, 2 Hour - 2.14.11 - Channel Trend is UP, but it is Excalating.   That could lead to a Blow Off! 

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Spring Loaded Launch - "Sleeping Tiger Action"

 A Sleeping Tiger is Saving Up His "Spring to Life" Energy

A Side Way Moving Market is Doing the Same Thing.

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 SPY 5 Day, 15 min. - 2.11.11 - The Spring Sprang!  Bullish Move to the Upside.

SPY 20 Day, 2 Hour - 2.11.11 - Channel Trend is Decidedly Bullish.  On the Cautious side Price Action is High in the Channel which may result in a Pull Back.

For a Slide Show Replay of Market Action on 2.11.11 go to:

http://gallery.me.com/peterballenger1#100249

Breakout from Confinement!

 It is Good to be Free!

SPY 1 Day, 5 Min. - 2.11.11 - Price Action Breakout coordinated with On Balance Breakout led to Greater Gains Today.

"Don't Fence Me In"

Shade Beats a Fence

 

SPY 5 Day, 14 min. - 2.`10.11 - Range Bound Market all this Week.  Breakout Pending, but, Which Way?

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SPY 20 Day, 2 Hour - 2.10.11 - Consolidation Pause Before the Breakout!  Trend is Bullish.

Air Combat

 A Day of Fighting Off Bandits!

 

Herring Bone Trading Day.  As much Give as Take Away with the Result back in the Golden Zone.

For a Complete Replay, Click on or Paste the following URL.

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Climbing the Moutntain!

 

The Market Ignores Negative Issues and Just Keeps Marching On!  Get in the Way, and You Can Get Hurt!

 

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SPY 1 Day, 5 min. - 2.8.11 - Setup at the Open shows Regression Channel, Volume Profile, Bell Curve Projection (Golden Zone). and Active Trader.  Combine this information with Internals like TICKs & Breathe can provide Valuable Information on Subsequent Price Action.

 Breakout from Regression Channel at 9:15 Supported by TICKs and Active Trader Paved the Way to Higher Market Move.

 

SPY 1 Day, 5 min. - 2.8.11 - Early Breakout at 9:15 to the Upside Continued into the Close.  Price Action Exceeded the Golden Zone into New High Territory.  There was No Break in the Momentum during the Session.  From a Technical Perspective, this was a Perfect Day.