Tug o' War - Bulls and Bears - Outcome a Draw

This-A-Way & That-A-Way

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SPY 2 Day 15 min - 1.27.11 - Sideways Rangebound price action today.  If there was any bias it seemed mostly to the upside, but there was no breakout that could maintain momentum.  The chart shows the Support and Resistance Lines which have existed for the last two days.

New Highs in the Broad Market

Wow!  Look at That.

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SPY 20 Day, 2 Hour - 1.26.11 - Bullish Trend Continues into New High Ground.  On Balance Volume and MACD are Bullish.  Statistically 80% of Gaps Fill so there is a possibility of a correction or pull back before another thrust to the upside.

Trends are Trends and Patience Pays Off

Trends Do Not Move All in One Day - Take a Step at a Time

SPY 20 Day, 2 Hour - 1.25.11 - Solid Trend Up!  But, Not All at One Time.

Cock O' the Walk - Bulls in Control

This Market is Something to Strut About

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Simultaneous Breakout from Price Channel and On Balance Volume Channel

Long and Short Term Trend is UP.  MACD & OBV as well a price action is bullish.

Time to Ponder

Do I Jump or Not Jump.  That is the Question.  And if I Do Jump, Which Way Willie?

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SPY 10 Day, Hourly - 1.22.11 - Long Term Trend remain UP.  Short Term the Outlook is Mixed.  The Moving Averages, MACD, and On Balance Volume are all Neutral in the Near Term. 

Breakout Excitement!

Time to Get Hoppin'

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SPY 1.20.11 - Breakout over Trend Combined with Breakout of On Balance Volume

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SPY 1.20.11 - Breakout Over Trend combined with Reversal of MACD and OBV - Trendlines and Indicators are Powerful when Coordinated.

Going with the Flow!

I'm Happy if Momma's Happy - Keep it UP!

SPY 3 Month, Daily - 1.18.11 - The Chart is Self Explanatory.  On Balance Volume supports the Move to the Upside.

SPY 1 Day, 10 minute - 1.18.11 - On Balance Volume and Price Action support one another to the Upside.  The Horizontals on the Right Demonstrate "Volume Profile" which portrays the Prices at which  trades take Place.  The Longest Tongue is the Price at which the majority of Trades took place.  This is helpful in showing a current trading range in which can be Value as perceived by traders.

One Step at a Time

Market is Stair Stepping Upward - Rest Periods Noted!

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SPY 20 Day, 2 Hour - 1.14.11 - The Trend Continues Upward - Gap Ups are being Followed by Periods of Consolidation. 

Stair Stepping Up

Swing Trading Can Be Slow Dancing!

SPY 20 Day. 2 Hour Chart - 1.14.11 - Breakout from Range Bound 3 Day Action.  The Trend has been UP{ all the time, but the Market must Digest Change.  The Trend Continues Bullish!

Play of the Day - On Balance Volume Breakout signaled a turn to the upside.  Regression Channel analysis pointed us in the right direction.  The Channels pictured above were not changed following the breakout.  The Projection was very accurate.

"Digesting the Hog Continues"

You Just Can't Eat the Whole Thing at Once

SPY 20 Day, Hourly - 1.13.11 - "Up and Sideways" - This is a common pattern.  When the market takes a leap forward there is back and filling as the move is digested.  If there is Strength and Momentum the Market Should Move to Higher Ground.  The Longer Term Trend remains UP.