Refer to the chart published at www.tradingview.com to view and understand the progression of the entries and targets. See the chart here for an example of a 15 min chart and how the targets for the short were reached in quick succession. This update is published on a 60 min chart but some of the levels referred to are applicable the the Day chart as well. Our...
Update to previous chart. Have added some entries and targets identified for our clients yesterday before market open. Some already have reached the 1st target and others are still working, close to reaching targets. Note the reaction at each of the identified entry ranges. Note also that the ST Short from previous chart is still the area to break through if...
For those who want to trade the tech sector but don't want to allocate a large portion of their account to the likes of AAPL, TECL is a legitimate contender for consideration. Billed as a 3x Bull ETF, it does a decent though imperfect job of mimicking the price movement of the NASDAQ, The allocation is 78% tech, 13% communication services,4% financial, and about...
NOK was once a high flyer in the tech world. Great products, cutting edge technology, and wide consumer acceptance made it a darling of Wall St. But since the iphone arrived NOK has been widely panned and shunned as a has-been. Can it rebound from a fundamental or technical standpoint? Our analysis shows what the trader/investor community values NOK at this...
All three identified long targets reached their targets rapidly and the next Aggressive Intraday Short was sold down to the Intraday Long which has reached the 1st and 2nd targets shown on the chart. This Short was identified on the published chart dealing with options; /www.tradingview.com/v/g7m7YXGe/ Price is currently reacting to the previously identified...
This is an update to a previously published chart that was presented on the Weekly Chart time-frame. The Daily Chart gives a more in-depth view of price action that is many times totally obscured on the longer time-frame Weekly chart. As expected the Very Aggressive Intraday Short(VAIS) failed as buyers were convinced that GS was overly discounted and were...
Of all ETFs that are traded, this chart illustrates why SPY is our favorite on all time-frames. Most liquid, normally fairly priced, and spreads of a few cents or less. What more can a trader/investor want? There are some high beta stocks and leveraged ETF that at times are much more profitable to trade, but the risks are much higher also. Add to that the price...
This is an example of intraday analysis our clients receive for the instruments that they subscribe to. We will not comment extensively as the chart is very easy to follow if you have been reading our other published analysis on this site. An important concept that we want to point out here is the failure of two short setups that occurred during opening gaps...
As an update to this chart identifies two Longs that are of interest at this time for traders/investors who are basing their trades on the day time-frame chart., The Aggressive Intraday Long is being bought and we have identified the first target. Likewise we have identified a Short Term Long that should attract alot of attention from buyers if the price...
Since our last published chart for SPY the Intraday Short A has reached the 1st target. Two of the identified Longs have had noticable counter-trend reactions. Even the last failed long had a reaction, (note the price action inside the oval area) as the daytrade aggressive longs tried to support price but were overwhelmd by short sellers. A 4 hr chart is published...
Chart drawings continue to display strangely on some browsers so be sure to read the entire analysis. Our previous analysis identified the Intermediate Swing Short as a good candidate for a counter-trend trade. The market has spoken and more sellers than buyers have reacted to the price level. This is normal market behavior as the 1st target of the Intraday...
This is an update to For some reason the published charts are appearing with many drawing errors on our browsers(chrome,firefox,opera) but the analysis we publish with them will explain what to expect. We started to publish this chart about 2:00 pm but have been too busy so the price action has advanced quite a bit since we added the target levels for the...
This is a smaller time-frame chart that illustrates well the price action as price approaches and meets targets. The original Weekly chart can be viewed here: As we have noted in prior published analysis, often price targets are very close to or at exact reaction levels, as traders and investors reduce or add to their positions. The area identified as Target 2...
Our previously published chart at analyzes the LT possibilities for eurusd. This chart will consider the shorter term as well as comment on previous price action. The Aggressive Short Term Short 1 was reacted to and sold back down to the original entry price and then aggressively bought up to the next reaction Short Term Short 2 which has been aggressively sold....
SPY is one of the most rewarding ETFs to trade for traders and investors on all time-frames. This is a closer time-frame view of the recent chart we posted of a larger time-frame. Which was a closer time-frame view of another chart. The Very Aggressive Intrady Short was identified on 9/18/12 and our subscribers were alerted to the reaction area that would be a...
Our previously published charts for SPY LT and 1 hr time-frames have both hit their identified targets. We are posting a 4hr chart to illustrate further how an intraday setup plays out from the perspective of our analysis. Keep in mind that this analysis is valid only for the time-frame chart that it is identified on, as is true of all charts that we...
Our previous post for SPY was from a Long Term perspective so we'll take a look at trades occurring within the shorter time-frame.. As a quick recap, we pointed out that the LT Short was and is at the failure level but the Longs have not been able to push above. We don't think a sustained break of this critical level will occur until after FED statements. Still...
Fundamentally speaking gold is overpriced unless you subscribe to the idea that a severel economic collapse is fast approaching. If you do subscribe to that idea, gold is ridiculously cheap at any price that you can afford to buy it. Recent news articles describing the increased long position in gold of some well-known hedgies has certainly been a factor in the...