Flag on the minute chart = short-term bullish
For the Web's best interactive charts, please visit http://www.Prophet.Net
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.
Wednesday, September 8, 2010
$SPX
Flag on the minute chart = short-term bullish
For the Web's best interactive charts, please visit http://www.Prophet.Net
Friday, September 3, 2010
$SPX
As if this was a surprise to any technical analyst.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, September 1, 2010
Tuesday, August 31, 2010
Monday, August 30, 2010
Friday, August 27, 2010
UNG - Getting Less expensive
Thinking about picking up some Leap Calls on Natural Gas in the next six months. Downside risk below $6 is minimal.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Wednesday, August 25, 2010
$TNX - 10 year note
Sooner or later there will be no reason for China to buy the US debt. When that happens - game over
For the Web's best interactive charts, please visit http://www.Prophet.Net
TLT
Treasuries flying toward top.
For the Web's best interactive charts, please visit http://www.Prophet.Net
Tuesday, August 24, 2010
BHI - monthly
Bear Flag or Bull flag? Each a year long, but the BEAR is BIGGER.
Two ways to trade:
Get short with a stop above $49
or
Get long with a stop below $37.75
If you choose the long side it may pay to take any profit quickly.
$SPX- H&S measured move target
Taking the height of the H&S pattern from November till now one can obtain a target of 870.
Monday, August 23, 2010
Tuesday, August 17, 2010
$SPX - trading range
Trading range for 4-6 weeks
For the Web's best interactive charts, please visit http://www.Prophet.Net
GD - Ken Fischer
General Dynamics - is a government play on a defense contractor. A 2.6% Dividend yield beats putting your money in low yielding bonds. There is still time to pick your spots here as governmental policy won't shift until the next Presidential election.
Looks to me like the Fib fans give some nice points to set alerts:
Short above $70
1/3 Long below $60
1/3 Long below $ 47
1/3 Long below $40
For the Web's best interactive charts, please visit http://www.Prophet.Net
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