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.

Monday, May 12, 2014

FTR





Created with ProphetCharts®

Friday, April 25, 2014

$SPX


More churn to come.


Created with ProphetCharts®

SPY


Topping mode?


Created with ProphetCharts®

FTR


FTR is chuging higher. Pennant target is just under 6.50.


Created with ProphetCharts®

Wednesday, April 16, 2014

$SPX - 2yr daily


Right shoulder forming below 1850 sets up a completed Head & Shoulders top for late summer and a possible landslide fall.


Created with ProphetCharts®

Friday, April 11, 2014

SPY





Created with ProphetCharts®

Thursday, April 10, 2014

SPY





Created with ProphetCharts®

Monday, April 7, 2014

Spy Flexible grid Link

SPY - Flexible Grid Link

SLV - 10yr weekly


SLV is banging on the 18.50 level for a third time with a lot of white space to $17.50 and the last savior fibonacci fan line. Patience is still key on precious metals.


Created with ProphetCharts®

$SPX - 1yr daily


Test of 20 day moving average. Will it hold today?


Created with ProphetCharts®

SPY - 1yr Daily


Still barely holding Fibonacci fan.


Created with ProphetCharts®

FTR - Pennant?


A Bullish signal to eclipse $6.


Created with ProphetCharts®

Thursday, April 3, 2014

MO - All time monthly


Hard to argue with success!!!!!


Created with ProphetCharts®

AAPL - weekly


Interseting. At top of downward trending channel. Breakout or breakdown?


Created with ProphetCharts®

$SPX - 6 month daily


Writing on the wall for 1900?


Created with ProphetCharts®

FTR


Finding resistance at mid-level trend. Is it just a pause? I guess we'll have to wait and see.


Created with ProphetCharts®

Thursday, March 20, 2014

SLV - 5yr weekly


Trending lower with dwindling support at 18.50. Will it go even lower? With the Fed inching back buying bonds to support the dollar one would think so. Patience is the key.


Created with ProphetCharts®

Tuesday, March 18, 2014

$SPX





Created with ProphetCharts®

Friday, March 7, 2014

SPX - Flexible Grid Link

$SPX


Shoulder level - 1738 - 1850

Head FormationTop - 1918


Created with ProphetCharts®