Titans of Wall Street
Savy, young traders putting everything on the line for a piece of the big pie...
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
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