Blog description

My photo
A place for friends to gather and view stock market charts, discuss technical analysis and market outlook. What is your Principal Asset? How can it be developed? Each and all should do their own due dilligence and homework before investing. And by no means should you use anything I say or show here as a sole basis to buy or sell securities as everything is for educational experience only.

Saturday, April 30, 2016

$SPX 1yr Daily

BULLS - Climbing the "Wall of Worry" to 2013? Must stay above trend.

BEARS - Failing trendlines to cast off in earnest below 2052?

Weekly Pivots - horizontal lines at right margin:
R2 - 2120
R1 - 2091
PP - 2072
S1 - 2045

Created with ProphetCharts®

Friday, April 22, 2016

Thursday, April 21, 2016

S&P 500 - The range

Breakout above 2135, or breakdown? We may get answer to "Sell in May and go away" by Options expiration May 21.

Created with ProphetCharts®