Slippery Slope

 Trickie Decisions

 SPY 2 Year, Weekly - 7.14.11 - Dipping into the Devil's Den

 SPY 6 Month, Daily - 7.14.11 - Gappers Falling out the Sky

SPY 20 Day, Hourly - 7.14.11 - Market Backing Off, Trend is Down

Market Weakness for Three Days

 "Defense"

 SPY 2 Year. Weekly - 7.11.11 - Price Action remains Above 20 Day Moving Average.

 

SPY 6 Month, Daily - 7.11.11 - Volatile Price Action over Trend Line

SPY 10 Day, Hourly - 7.11.11 - Three Days of Gappers with Close Under 50 Day Moving Average

Stiring the Pot in Sideways Consolidation - Breakout Suspense!

 "Soup Surprise"

 SPY 2 Year, Weekly - 7.8.11 - Bullish Potato with Price Action above the 20 Day Moving Average.  If market falls below 132.50 in enters the 20/50 envelope, sentiment may be changing to the downside.  Otherwise the Action is Bullish to Sideways.

 SPY 6 Months, Daily - 7.8.11 - Price Action the last several days was very volatile with multiple gaps.  Gaps most often fill so this leaves a lot of possibilities for the coming week.  Aside from technical analysis, the market is very news sensitive.

SPY 10 Day, Hourly - 7.6.11 - The 10 Day chart shows the Range Bound market of the last five days.  On the Hourly the Price Action is within the Transitional Zone "Devil's Den".  I call it that because it is fraught with danger to take a position in this zone.  The Market is Not Committed to a Trending Direction.

Good Call to the Upside!

 "I Sleep Light"

 SPY - 7.7.11 - Eight Days of Up calls for a Rest.

 SPY 6 Month, Daily - 7.7.11 - Big Gaps can also Leave Pot Holes for Retreat

SPY - 7.7.11 - The Sleeping Tiger woke up with a Vengeance.

Waiting on the Breakout - "Sleeping Tiger"

 Just Say When!

 SPY 2 Year, Weekly - 7.6.11 - Rejection from Devil's Den (Bullish in favor of Move Up)

 SPY  6 Month, Daily - 7.6.11 - Sideways Consolidation inside Shade Rectangle.  Breakout could go either way.  Close at Upper Extent of Range is Bullish.

SPY 10 Day, Hourly - 7.6.11 - "Sleeping Tiger Play" in the Wings.

Potato Trading is Pretty Simple - Just Ups and Downs!

 Could be Roll Over Time?

2 Year, Weekly - 7.5.11 - Short Term Range Bound - Dipping into the Devil's Den

 SPY 6 Months, Daily - 7.5.11 - Trend Line Break but will it Keep it UP?

SPY 10 Day, Hourly - 7.5.11 - Very Narrow Range today.  After  5 Days of UP. a Down move could be anticipated.  Rally could run out of steam.

US Dollar Value vs. The Equty Market

 Dollar Up > Market Down - Dollar Down > Market Up

 SPY 2 Year, Weekly - 7.1.11 - A Strong Weekly Rebound with Break in Downtrend Line.  The Big Question now is Momentum (+ or -)

 SPY 6 Month, Daily - 7.1.11 - Strong Upward Move with Break in Trend Line.  Price Action approaching Resistance.  Baring Negative News and Events the Momentum could Carry the Market to new Intermediate Highs.  A Stall at Resistance would result in a Failed Breakout and the Market would ball back into Range.

SPY 20 Day, Hourly - 7.1.11 - Bull Potato until Proven Otherwise.  Price Action very strong on Top of 20 Day Moving Average without any Signs of Sideways Consolidation as yet.  The Three Day market pause for the 4th. of July adds a Wrinkle to the Momentum Question.  Technical Outlook would favor a Bullish Continuation with eventual Pause and Sideways Consolidation followed, perhaps, by a Pull Back in the next few days.  As pointed out above, at lot depends on the Dollar.

Time for Thinking - Perhaps a Pause?

 A Man Needs a Rest Between Hops

 SPY 2 Year, Weekly - 6.30.11 - Bumping Resistance & Trend Line

 SPY 6 Month, Daily - 6.30.11 - Potential for Breakout but Resistance and Trend Line Could Prove Significant - A Pause for Consolidation would not be Surprising

SPY 10 Day, Hourly - 6.30.11 - One Week of Fire might call for a Pause - Bull Potato in Play!  Staying on Top of 20 Day Moving Average even with a Pause is Important for Continuation.

Finally a Little Breakout Action!

 "I Dun Bin a Tadpole Too Long.  Let's Get Goin'."

 SPY 2 Year, Weekly - 6.29.11 - The Two Year Weekly gives us a Long Term View of the Trend.  In this case it is Up.  The Last seven week, however, have been down.  This week the market has shown bottoming action and there appears to be a reversal of sentiment to the upside.

 SPY 6 Month, Daily - 6.29.11 - The Trend for the last two months has been Down.  A Bounce or Rally off of Support offers a Challenge to Resistance at the 50 Day MA (Green Line).  A Break above the 50 could carry the market higher.

SPY 20 Day, Hourly - 6.29.11 - Breakout over Resistance should clear the way for a higher market.  The Green Spot is a short term Target.  The 20 Day MA has crossed the 50 Day MA which creates a Bull Potato.  The Idea is to Stay on Top of the Yellow Line and Ride the Horse a Little Higher.

Back at the Top of the Range - What Next?

 Will the Fence be Broken to the Upside?

"This is an Action Related Blog designed for my personal use and reflection on the market and how I can best navigate all the variables.  Questions and reactions are welcome, but these are ideas should never be construed as recommendations to others for market participation."

 SPY 2 Year Weekly - 6.28.11 - The Bounce could be a Bottom?

 SPY 3 Month, Daily - 6.28.11 - Pulling on the Bootstraps.  Looking for Momentum

SPY 20 Day, Hourly - 6.28.11 - Range Bound Market at the Potential Breakout Point - Resistance could set the market back into the Range.