What's a Bear to Believe?

 I Think I've Seen this Before!

SPY 20 Day, 2 Hour - 4.12.11 - Pull Back seeking Old Support.  Do we get a Bounce or a Lower Low?

Thought We Had Good a Grip on Things?

 A Sure Thing is Never, Ever a Sure Thing

SPY 20 Day, 2 Hour - 4.11.11 - What Looked Like a Firm Foundation was Shifting Sand.  Next Stop 132.00 for Support on the SPY.

Sleeping Tigers Build Up an Appetite

 Appearances can be Deceiving

SPY 20 Day, 2 Hour - 4.8.11 - Range Bound but at Support.

The Fences remain Intact - Range Bound Market

 

 See Saw Price Action Prevails

  

SPY 20 Day, 2 Hour - 4.7.11 - No Breakout from narrow sideways market.  Breakouts can be dramatic in either direction.  The Primary Trend is Up.

Checking the Fences

 

Looking for Breakouts in a Range Bound Market

 

SPY 20 Day, 2 Hour - 4.6.11 - Channel Trend is UP but Short Term the Market has been Sideways

 

SPY 2 Day, 15 minute - 4.6.11 - Mirror Images of the Last Two Sessions.  Traders looking for a Breakout (UP or DOWN)

Bounce Off Support

 Bounce Off of Support in Trend Channel

 

SPY 20 Day - 4.5.11 - Trend Channel is UP.  Above Moving Average.

Channel Cats in Action

 Channel Cats move from Bank to Bank

 

SPY 20 Day, Hourly - 4.4.11 - Pull Back within the Channel is noted.  Market Action is seeing Support.  Buy Opportunity may Happen.

The Trend is You Friend!

 The Trend is Up!

SPY 20 Day, 2 Hour -  4.1.11 - Price Action tends to form a channel on one direction or the other.  Breakouts from this Channel can signal a New Direction.

Sunami Market!

 Roll with the Waves

 

SPY 20 Day, 2 Hour - 3.15.11 - Bottom of the Box Broke!  The Big Question now is Will the Market Rebound or Continue to Retreat?   There are Good Arguments for Both Cases.  Right now the market is driven by news related to Japan and Libya.  Neither has much to do with Fundamental Analysis or Technical Analysis.  It is more related to Emotional Analysis which is more difficult to factor.  This equates to "VOLATILITY."

 

Waiting for the Box Top (or Bottom) to Pop

What are We Waiting For?

 

SPY 20 Day - 3.11.11 - Slight Breakout on the Bottom Side but Followed by Recovery.  This Leaves the Resolution Hanging.  Geo-political and Geological (earthquake) Issues Muddy the Water.