Saturday, October 10, 2009

10/9 - long SPY (+0.65)

SPX - resistance


SPY - 30 creeping near

Thursday, October 8, 2009

10/8 - stage 2b

SPX - bullish


SPY - still above 30ema


Stance: Bullish...

Start with 0, SPY = 106.61

10/7 - stage 2b

SPX - bullish (below 30ema still bothers me though)


SPY - still bullish...

Wednesday, October 7, 2009

10/6 - stage 2

SPX - bullish flag is still being formed and not broken out of yet


SPY - bullish but has potential to sidetrade around here

Tuesday, October 6, 2009

10/5 - stage 1a

SPX - in between bull and bear


SPY - no longer bearish


VIX - resistance holds


UUP - continued weakness foreseen

Friday, October 2, 2009

10/2 - stage 4b

SPX - remains below 30ema


SPY - bearish


VIX - resistance


UUP - bearish


Analysis: weird to see market just fall from the peak and keep falling huh? well we are starting to see signs that the fall might be over...VIX is telling me that its very likely to have ended today...but SPY and SPX shows that we can fall lower...so for now, its bearish til the main charts change

Thursday, October 1, 2009

10/1 - stage 4b

SPX - not so bullish no more...below 30ema


SPY - bearish breakdown...time for a rest