Titans of Wall Street
Savy, young traders putting everything on the line for a piece of the big pie...
Tuesday, August 31, 2010
8/31 - stage 1b
bear - danger
SPX - going nowhere last few days
SPY - sidetrend still
8/30 - stage 1a
bearish - no trend
SPX - side
SPY - side...very can go anywhere...
Saturday, August 28, 2010
8/27 - stage 2a
bullish...safe
SPX - maybe ready to go to a inv h+s
SPY - bullish break
CANDLE - buy confirmed
Friday, August 27, 2010
8/26 - stage 1a
slight bullish
SPX - think it can retest lows
SPY - sidetrend
ETFs - weird..XLB and XLI lead, tech and energy weak
Wednesday, August 25, 2010
8/25 - stage 4c
8/26 - bearish...dangerous
SPX - support holds again
SPY - got slightly above 30ema...but resistance here...
8/24 - stage 4b
bearish - safe
SPX - below a support, onto an older one now
SPY - bearish breakdown
Tuesday, August 24, 2010
8/24 - stage 1a
bearish...
SPX - not a strong h+s but i am seeing the pattern in many stocks
SPY - side
Saturday, August 21, 2010
8/20 - stage 4b
bearish
SPX week - range that with elliot wave count is likely to turn bullish after this corrective stage
SPX - found support intraday..think we might get a bounce from here...
SPY - below good resistance
Thursday, August 19, 2010
8/19 - stage 1a
bearish - unpredictable
SPX - side but higher volume on down day
SPY - big range...
XLF - brokedown today...
Wednesday, August 18, 2010
8/18 - stage 2b
slight bullish...need to be cautious here...
SPX - 30 ema resistance? middle of range with doji...total confusion
SPY - ascending triangle...resistance might hold though...who knows...
8/17 - stage 2a
bullish - getting pretty damn predictable...
SPX - i think we drift back to the highs to confuse ppl even more
SPY - bullish despite late day selloff
ETFs - definitely POT news was big for materials...financials lagging is no good though
Tuesday, August 17, 2010
8/16 - stage 4c
sidetrend..no direction...
SPX - unsure but starting to see other charts go to sidetrend on 30min
SPY - side
SPY candle - buy candle...i agree...more so than sell...
Saturday, August 14, 2010
8/13 - stage 4b
Bearish still
SPX week - weak on weekly
SPX daily - can go lower...side..unsure
SPY - tight range last couple days
Friday, August 13, 2010
8/12 - stage 4b
bearish...predictable...but watchlist scan is more bullish than bearish 4 to 1
SPX - should fall some more..
SPY - still bearish despite finishing way off the lows
ETFs - why the strength in materials? i saw ag stocks doing very well today
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