"That's really nice analysis as to where and why the market is heading, and your still killing it on the trades and account gains."
It will be interesting to see if the SP500 closes above or below the neutral Pivot Point (brown line). The 400ma rising micro trend (grey line) is...
OI, its interesting that the SP500 traded in a 13.47 point range today and the VIX index varied from 12.58 to 13.55. Sometimes the relationship...
Closing Micro Trend Chart for July 23, 2018. (SP500, 2 days, 5 minute candles, 400ma, Pivot Points) SP500 closed right on the 400ma (blue line)...
Where as before the SP500 would be above the rising 400ma(blue line) and pull back to it for support, its now below the 400ma and its attempting...
OI, I totally agree with your averaging down. I have averaging options down for 2 decades. My historical studies of the trades that I have...
Closing Micro Trend Chart for Friday July 20, 2018. After 11 consecutive days above the rising 400ma micro uptrend, today closed below the 400ma....
Today is Option Expiration Day and many times the markets finish the day Neutral on the 3rd Friday of the Month (expiration for monthly options)....
OI, this story came out around 12:30pm to 1:00pm today. Look what happened after the story broke, on the 5 minute chart above from 1:00pm (13:00)...
It was a decent bounce, but the SP500 never got past the Pivot Point (brown line, Neutral Point) before retreating back to the convergence point...
I bought SPY AUG 283 calls (expire 8/17) at the convergence point of the rising 400ma (grey line) and Pivot Support 2 (green line). Lets see how...
There it is. Lets see if it bounces twice in a week on the same micro setup. [ATTACH]
OI, on this micro trend chart, the 400ma (gray line) has a convergence with Pivot Support Line Number 2 (green line). If price drops to...
My math based system had me buy SPY AUG283 Calls (Exp. 8/17) at 1.40 yesterday and looking for a 1.96 (+40%) exit today or in the next few days....
OI, in the many years of using the micro trend chart (5 minute candles, 400ma, Pivot Points) that I am always posting (hope you don't mind) on...
OI, from a Micro Trend stand point (5 minutes candles, 400ma, Pivot Points), the SP500 has had 8 consecutive closing days above the 400ma. Today...
OI, it would be nice if the banks rally, but the banking chart is horrible! [IMG]
OI, I would be remiss if I didn't mention one last indicator that is worth noting because so many of the older Wall Street analysts use it: Its...
The chart patterns below of the Nasdaq 100 (NDX) and Russel Small Cap Index (RUT) are very similar. I have a tendency to use the RUT as a leading...
I also closed out calls at the open today, that I bought yesterday. I always sell gap up openings because many times they have a tendency to be...
Separate names with a comma.