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Blog 967: My Final Blog, The Whole Kit and Kaboodle 26 Dec 2011 | 12:25 pm
That's right folks, this is going to be my final blog. It's been a lot of fun but working full time, managing money, and writing a blog website is a lot, and I'm out of gas. I thought for my final ....
Stock Charts: Market Pokes Above Downtrend Line! 24 Dec 2011 | 12:17 pm
$SPX 15 Minute: Market is pushing through minor resistance and is looking a little more impulsive compared to yesterday. $SPX 60 Minute: Breaking above the downrend line and another set of resistan...
Stock Charts: Market Pushes Right to the Top Wedge Line 23 Dec 2011 | 12:22 pm
$SPX 15 Minute: The past three days up looks like an abc (zig zag), so far! $SPX 60 Minute: Market continues to coil inside the red lines. The question has to be: do we get a break out, or do we n...
Stock Charts: Stocks Shake Off Bad News From ORCL 22 Dec 2011 | 04:55 pm
Another long day, so I will keep it brief. $SPX 15 Minute: The market was able to over come a little pull back today, and we have minor resistance over head. $SPX 60 Minute: We back tested the 1,2...
Stock Charts: Market Bounces Smartly 21 Dec 2011 | 12:42 pm
$SPX 15 Minute: Not a hard concept, big gap and run out of a down channel. We should be in bounce mode. $SPX 60 Minute: Market smokes past the 1,219 and 1,232 levels, and the down move looks finis...
Stock Charts: Market Continues to Slide 20 Dec 2011 | 02:08 pm
Long day, so I will keep this brief! $SPX 15 Minute: The market traded down to what I would call minor support at 1,205. We finally have divergences building on this time frame, so a bounce might b...
Reader's Have Trading Questions 19 Dec 2011 | 08:27 am
The past couple of days I received a couple of great questions: Rosey, What's your view on the behavior of the VIX over the last few weeks? On the sell off starting Nov.14 the VIX hardly rose at all...
Stock Charts: The Market Again Can't Hold Gains. 18 Dec 2011 | 07:33 am
$SPX 15 Minute: The market tested the 1,232 area today and failed like yesterday. Price is stuck in a down channel and the Fib retracement zone. Above 1,232 might be the bullish confirmation near t...
Stock Charts: Market Fails to Hold the Bounce 16 Dec 2011 | 01:22 pm
$SPX 15 Minute: Market gapped up and tested both 1,219 and 1,225 and then failed at what is now resistance. The price structure down looks incomplete, specifically, a new low on a divergence on this...
Stock Charts: Markets Break Support 15 Dec 2011 | 06:19 pm
$SPX 15 Minute: Yesterday, I suggested I was looking for a bottom possibly today in the view of 5 Fibonacci days down combined with the over lapping corrective structure. The market has pushed itsel...