Thursday, April 30, 2015

SPX daily

$SPX - Chart Link - today's low also tested the 50 day MA and the uptrend channel line

GDXJ Daily

GDXJ - Chart Link

Yesterday's spinning top candle was an early warning sign of a reversal.

Wednesday, April 29, 2015

USO, OIH

USO - Chart Link - 60 min view, pennant played out

USO - Chart Link - daily view - butting up against resistance

OIH - Chart Link - energy stocks holding up for now

Thus far today Banks and Insurers show relative strength

Posted by Matt at 11:36 AM

Thus far today Banks and Insurers show relative strength

MET - Chart Link

Banks and Insurers act well today as rates head higher

BAC JPM C LNC MET PRU just a few I have observed

More SPX Intraday Views

$SPX - Chart Link

$SPX - Chart Link - students note the ST symmetry break and lower high following

$SPX - Chart Link

UUP Daily and 60

UUP - Chart Link

UUP moving lower on weak GDP and likely sensing dovish Fed

PM Stocks Updated (Trim and Trails Stops)

Posted by Matt at 9:52 AM

PM Stocks Updated (Trim and Trails Stops)

SA - Chart Link, AU - Chart Link, BTG - Chart Link, EXK - Chart Link, GOLD - Chart Link, SIL - Chart Link

SLW - Chart Link, TRQ - Chart Link

Tuesday, April 28, 2015

TWTR Daily

TWTR - Chart Link

Tweety bird not happy today..

SPX Daily Ending Diagonal Scenario

Posted by Matt at 10:09 AM

SPX Daily Ending Diagonal Scenario

$SPX - Chart Link

Here is one "possible" option regarding mapping the SPX. It's best to respect your triggers on the time frame you trade for objective entries. We will continue to monitor price action.

SPX Daily

$SPX - Chart Link

Testing 9 day EMA early today...

Monday, April 27, 2015

TZA

TZA - Chart Link - trade idea that's been on the list for a while, late last week that falling wedge starting looking a lot better.

VIX Updates from Weekend Newsletter/Thursday

Posted by Matt at 11:51 AM

VIX Updates from Weekend Newsletter/Thursday

$VIX - Chart Link

SPX Intraday Views

$SPX - Chart Link

Possible throwover of wedge and now a potential head and shoulders pattern setting up

gold pm stocks

SLW - Chart Link - As you know GDX continues to push, the stocks starting out performing the metal last week, some of them like ABX, NEM, TRQ have already moved a bunch, TRQ and NEM were on the list last week. I listed some others that are still in nice patterns to monitor should the group continue higher like GOLD, AUY, AEM, etc

TRQ - Chart Link, SIL - Chart Link, GOLD - Chart Link, AUY - Chart Link

AEM - Chart Link, BTG - Chart Link, EXK - Chart Link, SA - Chart Link

IBB Daily and 60 Views

Posted by Matt at 9:19 AM

IBB Daily and 60 Views

IBB - Chart Link

IBB - Chart Link - Broke down from small rising wedge.

GDX Views

Posted by Matt at 9:09 AM

GDX Views

GDX - Chart Link

Wedging higher...continue to monitor. Since there is clearly no impluse here (overlapping waves) the bullish hopes would be its forming a leading diagonal.