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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, July 7, 2014

PM





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$VIX


And PUTS are dirt cheap. Hmmmmm. Time for some Leaps again.


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$INDU - Dow all time monthly


Wow.


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$SPX


New highs and chugging toward 2000


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SPY


Wonder what's going to happen at 199? That's a lot of white space back to 192.50


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Thursday, May 29, 2014

$SPX


And that's why you never bet heavy against the Fed and the pump it up cheer gang.


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Wednesday, May 28, 2014

FTR


Got the shakeout; will we see the breakout?


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Friday, May 16, 2014

$SPX


Breakout targets of current ascending triangle pattern.


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$SPX


50 Day EMA test yesterday. Will it hold Friday?


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Monday, May 12, 2014

FTR





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Friday, April 25, 2014

$SPX


More churn to come.


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SPY


Topping mode?


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FTR


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


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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.


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Friday, April 11, 2014

SPY





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Thursday, April 10, 2014

SPY





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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.


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$SPX - 1yr daily


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


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SPY - 1yr Daily


Still barely holding Fibonacci fan.


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