Range Bound Box Breakout

Box Breakout - Is this a Fake Out or a Return to Bull Move?

2 Day, 10 minute - Sep. 3 - Break out in the Closing hour of the Market. Is this Real or just a Fake Out?
10 Day, 60 min. - Sep. 3 - Short Term Bear Move in a Bull Rally.
3 Month, Daily - Sep. 3 - Corrective Pull Back at Gold Spot below prevailing dominant Bull Channel.
1 Year, Weekly - Sep. 3 - Pull Back Candle is still within the Bullish Channel.

Range Bound Box

Correction Underway in Bull Swing High

A Pull Back at this Point is Healthy for the Market. The "Pause that Refreshes."

10 Day, 60 min. - Sep. 3
3 Month, Daily - Sep 3
1 Year, Weekly - Sep. 3

Bully Bear is Back!

It Ain't Fare to Keep Me Cooped Up Forever!

10 Day, 60 min. - Sep. 1 - Breakout from the Box to the Downside. This is a major technical change in market trend and momentum and portends at least a modest correction.
3 Month, Daily - Sep. 1 - Bullish Trend is obvious but punctuated today by a breakout to the South Side. This Daily chart shows the latest candle below the channel trend line (as opposed to the weekly - next chart)
1 Year Weekly - Sep 1 - On the weekly chart todays candle is contained within the Channel. This preserves the technical validity of the Bullish Trend.

"Don't Fence Me In!"

The Range Bound Market will not Last. It is just a matter of time. Techincal favor a move to the downside but the Bulls have a way of fighting back with vigor.

10 Day, 60 min. - Aug. 31 - No Breakout from Range Bound Box as yet.
3 Month, Daily - Aug. 31 - Intermediate Term Bullish. Box intact.
1 Year, Weekly - Aug. 31 - Long Term Bullish Trend.

Pending Range Bound Box Breakout?

A Waiting Game as Something has to Give! Which Way Does the Ball Bounce?

20 Day, 2 Hour - Aug. 28 - 6 Day Range Bound Market Begs for Relief.
10 Day, 60 min. - Aug. 28 - Market is Bouncing Between Resistance and Support. Take your Choice on Up or Down.

Gentlemen, "Take 10 Paces Forward, Turn, and Fire at Your Leisure."

"Range Bound Market Winding Up for a Shoot Out."

2 Day, 10 min. - Aug. 28 - Limited trade opportunities with only one RSI breakout of note. ADs and Internals were not supportive of a trade.

3 Month, Daily -
3 Month, Daily - Aug. 28 - Channel Trend remains Bullish.
1 Year, Weekly - Aug. 28 - Long Term trend is Bullish. Trends and channels are subject to corrections and pull backs so one must always be cautious.

"Short Term Profit Opportunities"

Using RSI and CCI Indicators as Lead Indicators can Trigger Profit Possibilities

2 Day, 10 min. - Aug. 27 - Watching the RSI and CCI a "Lead" Indicators can signal reversals in price action. Take note of the Gold Spots and how they line up with each other.
10 Day, 30 min. - Aug. 27 - Range Bound Channel for the last 5 sessions. Breakout could occur with significant momentum. Long Term Trend has been Bullish but market is also very overbought and subject to corrections that may occur without warning.
3 Month, Daily - Aug. 27 - Bullish Trend is obvious. Note the Gold Spot line ups of RSI and Price Reversals on this 3 Month Chart.
1 Year, Weekly - Aug. 27 - Bull Channel dominates the Visual picture of market action. Note Gold Spot line ups of RSI and Price Reversals on this Yearly chart. The point is that this Lead Indicator set on a Period of "2" can be an important tool in the traders toolbox.

Market Setting Up to Move! Which Way is the Mystery.

When the Game is Over, Someone will be the Winner.

2 Day, 10 min. - Aug. 25 - Our study continues on sighting Double Bottoms coinciding with CCI and RSI reversals. Combined these seem to be powerful indicators for entry points for short term trading.
10 Day, 30 min. - Aug. 25 - Range Bound Channel getting set up for a Breakout. Which Way is the Question. Futures market quotes equal on SPY spreads at 102 and 104.
3 Month, Daily - Aug. 25 - Intermediate Bull Channel is obvious. Ignore the trend to your peril.

"Breakout Fizzle or Just a Pause to Refresh!"

Just a Pull Back before the Advance or Something Bigger in the Works?

20 Day, 2 Hour - Aug. 25 - Bullish Trend continues but shorter term we have a pull back?
3 Month, Daily - Aug. 25 - When the market gets testy and chancy, it is best to look at the longer term charts. Take care not to get caught up in the daily chop and get whipsawed around. Keep the Big Picture in mind before going forward with an action plan.
1 Year, Weekly - Aug. 25 - The longer term trend is decidedly Bullish.