Friday, June 29, 2012

6/28 - L-red, S-red

totally confused on where we going from here....thinking if up, still not a good time to buy....maybe its gonna be no trades for the next week no matter where we go...prefer down as if it hits support, thats a great time to go long









Thursday, June 28, 2012

6/27 - L-red, S-red

I think the market has as good a chance as going up as it does going down...but i do have to admit that my mind is not 100% and might be missing a few clues...in any case, be cautious



Tuesday, June 26, 2012

6/26 - L-red, S-yellow

Still bearish...pullback does not change anything..need more confirmation by the bulls today to change bearish mindset


6/25 - L-red, S- yellow

SPX - bears got control now...but big move so maybe another small pop tomorrow...




Monday, June 25, 2012

6/22 - L-red, S-yellow

Still liking short over long for now, but scary nonetheless as markets are showing bullish signs too...been real hard to deny the bulls lately...want to say RED for short as well, but felt i should not get to scared...















Friday, June 22, 2012

6/21 - L-red, S-yellow

Market shows it will pullback..just dunno how far it can go...doubt super strong but thats just a prediction...market is telling to short, so that's what i will do










Thursday, June 21, 2012

6/20 - L-yellow, S-red

no change...same outlook...



Wednesday, June 20, 2012

6/19 - L-yellow, S-red

like i thought, the market is moving higher with some quietness and calm...too bad there were no good setups in recent days to get in on...









Tuesday, June 19, 2012

6/18 - L-yellow, S-red

more comfirming charts for an upmove in QQQ and VIX but NYMO signals a pullback









S

Monday, June 18, 2012

6/15 - L-yellow, S-red

Good time to go long now...and guessing the big caps are the ones with the best setups...














Friday, June 15, 2012

6/14 - L-red, S-red

Market still not decided yet...after getting burned twice already...not worth the risk here as no direction is given...maybe monday earliest if things get settled...weird this is even if it breaks out of the box to the upside or down, there are many other facts that make me doubt that breakout direction



DIA


Dow Theory


Big vs Small

 
VIX


Thursday, June 14, 2012

6/13 - L-red, S- red

definitely not much going on in the markets..but that will change soon...range will have an inevitable breakout..but on what news? i dunno




Tuesday, June 12, 2012

6/12 - L-red, S-red

as i thought yesterday, this market is tricky and needed one more day of confirmation before going short...now a bullish scenario is possibly shaping up...

i am trying to remind myself that head and shoulder patterns fail often and when they do, its just a good consolidation to short at resistance...