MarketSwingPlayer
Long

Alert - SPY is getting close to the trend-line

AMEX:SPY   SPDR S&P 500
696 74 0
Alert - SPY             is getting close to the trend-line. Price normally change direction on trend line touch. 4th Attempt to go above resistance, we can breakout too. Monday will be an exciting day.
I Love this pattern. Bearish Gree, doji, red, down
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sunny MarketSwingPlayer
Hi there. I have a query for you about AUS200 which I'm certain you've never once thought about lol.

On the monthly chart, I can see the price has reached the 61.8 fib level from the 2007 fall -

On the daily chart, I can see a possible divergence with RSI but I'm not sure -

What are your thoughts on this please? Thanks!
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What stock??? lol What FX :D My thoughts Hey hope all is well.
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The uptrend channel has been broken. Price is changing direction. Seems like a shorting opportunity soon. Let's see
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KevinT MarketSwingPlayer
Agree
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Look like shorting opportunity near. Thanks Kevin and Sunny for your help dissecting price action. Cheers. We are right on target. They going to play game going back to the highs imo then boom what!!!!
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Be carefull. Doji at top channel.

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Yes, I noticed that too. Waiting for price to give me next direction. Still look strong so far green doji, so indecision in play. Price not rejected hard yet.
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State of the Market as of 10/19/2013 http://chartyourtrade.com/2013/10/state-market-10192013/
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sunny MarketSwingPlayer
did you guys get short yet? chart looks good but what about volume and orders?
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