Friday's action was inside Thursday's High & low and subsequently somewhat of a non-event. Could fall from here next week or provide an awesome short opportuntity if the gap is filled back to 116.44.
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.
Friday, September 23, 2011
SPY = Inside day
Friday's action was inside Thursday's High & low and subsequently somewhat of a non-event. Could fall from here next week or provide an awesome short opportuntity if the gap is filled back to 116.44.
Thursday, September 22, 2011
Wednesday, September 21, 2011
Saturday, September 17, 2011
VZ - Weekly Cup with handle
Huge move this past week off of the 50 week SMA @ 34.85. Long above 33.65.
Tuesday, September 13, 2011
Friday, September 9, 2011
EUR/USD - Ugly monthly
Easy to see the range from 1.31 to 1.40 for the next 14 months and why a break of 1.36 is so important.
SPY - box update 1pm
Nailed it. Rebound or breakdown to the close? My money is on hovering at these levels to the close and opening up on Monday to the top end - target 119.90. Either way I'm getting more short below 115.70 and getting more long above 120.
Thursday, September 8, 2011
SPY
Boxed in for big Pres. Obama speech on jobs. Jobs? Jobs? This stagnation recovery don't need no stinking jobs? Should be the best comedy on televison Thursday. Laughable.
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