Blog description
- Rodney
- 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.
Thursday, April 1, 2010
Wednesday, March 31, 2010
Monday, March 29, 2010
Friday, March 26, 2010
$SPX - zoomed quarterly moved Fib retracement
On this long term quarterly I decided to zoom in and move the Fib retracement to the lows of 2003. Pretty interesting indeed. Notice how the 50 quarter SMA acted as support for at least nine months before the move higher in 2003. Now that blue line will be resistance.
I think I'll be adding more Leap Puts in thirds on blind moves above 1175, 1200 and 1225.
Thursday, March 25, 2010
EUR/USD
Most are watching the Euro and US Dollar for a play on the commodoties. Basically a failure of 1.33 to hold as support will mean a further unwinding of long trades. This will ripple through Gold and Oil and their related stocks for some high volatility. Bottom line is still hinging on Greece and bailout talks.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, March 24, 2010
Friday, March 19, 2010
GLD
Flag?
Retest to $102.75?
I'd say if it can't hold 107.45 then 102.75 it is and a bounce from there.
For the Web's best interactive charts, please visit http://www.Prophet.Net
SIRI
A break of $0.82 means another buying opportunity at 0$.75.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Thursday, March 18, 2010
$SPX
Fans say 1200? Quadrupple withcing is Friday and there is heavy volume at the 1150 & 1175 strikes. One of these will be pegged tomorrow.
For the Web's best interactive charts, please visit http://www.Prophet.Net
$SPX
Fans say 1200? Quadrupple withcing is Friday and there is heavy volume at the 1150 & 1175 strikes. One of these will be pegged tomorrow.
For the Web's best interactive charts, please visit http://www.Prophet.Net
$SPX
Fans say 1200? Quadrupple withcing is Friday and there is heavy volume at the 1150 & 1175 strikes. One of these will be pegged tomorrow.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, March 17, 2010
Tuesday, March 16, 2010
AZO
Lookout!
BreakOUT
or
BreakDOWN
For the Web's best interactive charts, please visit http://www.Prophet.Net
($INDU/$SPX)
The cool thing about Think or Swim charting with Prophet Charts is you can easily do comparison or ratio charts to see how one entity may relate to another. Just screwing around I threw up a long term monthly chart of the Dow 30 and the S&P 500. I find it interesting that Fibonacci retracements are significant levels even on a ratio.
And by drawing the green trendline you can see that a major move will commence in the next 3 months as the trianlgle formed will be broken in one direction or the other.
For the Web's best interactive charts, please visit http://www.Prophet.Net
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