$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

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US Dollar 5yr Weekly

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.

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CCLP

Yield now over 30% and has consistently paid 3/4 quarters for 5 years skipping 1st quarter every year.

Also check out the Inverted Head & Shoulders Pattern:

Target = (27.50 - 4.00) / 2 = 11.25 + 27.50 = $38.75

Hmmm, the 161.8% Fibonacci is just above that at $41.07

The setup is to buy or add to position on a breakout above $5.75 breaking the topping tail of the last week of Frebruary 2016.

Let's see that's a 30% Dividend Yield and potential growth of 8 times initial...

duh, with a little patience

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ProphetCharts: $SPX

Nothing to get excited about on the long side till a break above 50 day ema of 1942.

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ProphetCharts: $SPX

Wow.

Nailed phase 1 at low of 1812.82. Will it hold or fall to

Phase 2 - 1800-1790

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$INDU - 1yr daily

Dow parallel lines

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$SPX - 5yr weekly

Will probably test 200 weekly average at 1815, then 1800, then below.......

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SPX - 1yr daily

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CMG Bottom?

Thinking about getting some Jan 18 leap calls. Thoughts?

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