Tuesday, November 29, 2011

11/29 - oversold rally, continue?

SPX week - side in the longterm



SPX -oversold bounce


SPY - will it fill the gap?




VIX - coiling up

NYMO - oversold last week, now its still a bit...


Tuesday, November 22, 2011

11/22 - selling continues, take partial profit...reload later

SPX - quite bearish



SPY - bounce possible but still bearish overall


DIA - finally brokedown on huge volume today...why DIA got so much volume and other charts no?


DIA - breakdown and retest...technically we shouild continue falling tomorrow...



QQQ - huge drop yet again from the failed move




Monday, November 21, 2011

11/21 - reversal or side...be cautious

SPX - support?




SPY - u can see that support is real





QQQ - topping reversal triangle



VIX -channel range


NYMO - slightly oversold.


Friday, November 18, 2011

11/18 - triangle broken...bear side

SPX - triangle idea tossed




SPY - got some weak support


QQQ 30 - huge orderly break..oh so bearish



XLF - possible bill wedge with much work needed





XLF 30 - huge break yesterday was a real signal of selling that came



VIX - resistance strong...lets see if its enough for a bounce


Thursday, November 17, 2011

11/17 - tempted to go long...see some warnings

SPX - perfect buy bounce?



SPY - right at support


IWM - still ok here too...


IWM 30 - still in a tight range with IWM...no breakdown as i might be worried about



XLF - broke some strong support...bearish sign


USO - super bullish since SPX start to consolidate...who will follow who?


UTIL - scary as it broke down and it is known to be a good predictor of SPX


Wednesday, November 16, 2011

11/16 - still triangle (bullish)

SPX - still triangle



SPY - top of range again...want to see it move lower...then buy with both hands there

XLF = support bounce

Tuesday, November 15, 2011

11/15 - Still in Triangle, still bullish

SPX - still in triangle


SPY - slightly off textbook as we did not hit resistance...showing more weakness here than i would like


XLF - support level...lets see if it holds

Monday, November 14, 2011

11/14 - starting to feel the market (take profits)

SPX - on wave 4


SPY - resistance near



XLF - when it breaks out, BUY!


VIX - back to 30

Thursday, November 10, 2011

11/10 - Consolidation Triangle

SPX - consolidation triangle?




SPY - healthy pullback despite the huge size


QQQ - seems to just want to consolidate in this area of high volume for a while


XLF - huge surprise here to me...setting up for later possibly




VIX - some resistance above to cause us back in consolidation and not continued selloff


Wednesday, November 9, 2011

11/9 - bullish (buy)

SPX - quite damn bullish







SPY - cut right through resistance


XLF - bullish !



VIX - not much support here


ETFs - XLF so strong...beginning of the big move up i think