***NOTE*** NOTHING HAS CHANGED FROM MY PREVIOUS CAHRT; SPY STILL RANGE TRADING BETWEEN THE RED LINE AND TWO BLACK LINES. CHOPPY SLOW MUSHY RANGE TRADING BUT BECAREFUL!!! UPDATES: ELECTION SPY RANGE $214.71-$209.19. The upper limit is $214.71 and lower limit is $290.19. It will trade both ways on pre & post election so LODS of MULA u can make it by rolling out...
TWX TIMES WARNER IS A GOOD CANDIDATE to short. it is paying inside the triangle pattern and reached the upper red resistance line which means perfect time to go short. There are 3 support line. Dotted light green line, Solid light green line and solid deep green line. Each of them breaks means Time for times warner to say bye bye. www.washingtonpost.com
www.washingtonpost.com ***WEEKLY CHART*** BUY FOR NOW (TEMP):On daily chart ATT is a buy as it is hitting the LIGHT green support line from 2015 Aug low. SHORT (IN WEEKLY CHART). The upper limit is Two red lines Dotted one and solid one. Once it touches those lines re-evaluate the situation and then you CAN GO SHORT. The support line will be on weekly chart is...
Please look at the channel between Solid RED line and Solid Green line. The blue line is a temporary support.
*** 4 HOURS ONLY **** You need a good option strategy. See the RED solid line and the Black solid line. that's is your range. RED SOLID LINE IS RESIATNCE LINE AND BLACK LINE IS SUPPORT. BUT ALSO BLUE LINE WILL ACT AS SUPPORT TOO. FOR LONG STRATEGY: If SPY breaks the solid red line then goes up then it will re-test the upper black dotted line first and then...
**** 4 HR chart only**** SPX is going to trade in a zone. You can expect trading options strategies for sidewise choppy trading. The zones are RED solid line and Black support zone. If black support line breaks then you can go SHORT.
*****4 hours chart****** ======================================= if Todays S&p price closes below the greean line then we can say with confirmation that S&P OR SPY is in Bear market for sure. That Green line is made of 2016 Feb low and 2016 June low. It is going to act as a resistance line from now on.
If Natgas breaks 2010/2014 High black line; next target is Red resistance line of 2005/2008 high around $6.45-$6.15 by 2018 RED RESISTANCE LINE Dec 2005 $15.53 high & July 2008 high $13.56 BLACK RESISTANCE LINE FROM 2010 HIGH & 2014 HIGH
Pattern 1, Nat Gas green line support broke & made a new low @ 1.87 Pattern 2, Nat Gas green line support broke & made a new low @ 1.50 ???Pattern 3, Nat Gas will??? break green line support & make a new low @ 1.10??? SOLID BLACK RESISTANCE LINE FROM 2010 HIGH & 2014 HIGH GREEN SUPPORT LINE FROM FROM 2009 LOW & 2012 LOW & 2016 LOW Sep 2009 Low - Jan 2010...
******DAILY CHART ONLY****** ============================ S&P BROKE SUPPORT. WE CAN GO SHORT NOW FULLY LOADED. The RED RESISTANCE LINE WAS CREATED FROM 2 TOPS: ONE FROM 2015 MAY HIGH AROUND 2134 AND TOUCHING 2016 AUG HIGH AROUND 2190. The green line STARTED FROM 2016 FEB LOW AORUND 1810 AND IT TOUCHED THE NEXT LOW OF 2016 JUNE AOURND 1990. BUT Todays OCTOBER 13...
There are 2 parallel line/CHANNELS. 1) RED line & Light GREEN line . (SOLID) 2) ORANGE line & Deep GREEN line. (DOTTED) NASDAQ broke the number 1 CHANNEL even though it made a all time high. In next few days/weeks It will break the 2nd dotted CHANNEL. Which may or may not create a new high but people will thinks it's a buy time. Honestly it's proving that...
GS is the next bank which is going to suffer. Even though it is trading at $163, question is for how long? from 2015 June $220 high it is making lower low and no improvements over a year. The Green line is from low 2009 and has been tested twice and it is holding so far. But time has come to test 3rd time and probably that would be the last time as per stock chart...
JPM is struggling to make new highs and has been lower low for a while. Once it breaks the 2009 black trend line it will be a free fall to the green support line from 1990's low. Once that breaches JPM might become a penny stock. Ultimate support MIGHT BE around $1 or $2. Those who missed to short Other so called good bank, still has time left to short JPM by...
If you have ever spent more than a few hours in the Stocks and Indices chat room, you'll soon get the impression that the trading universe is seemingly made up primarily of E-Mini S&P Futures, SPX CFD's, and/or SPY (I probably exaggerate a touch, but that's the overall impression I get), along with a repeated frustration with the way the S&P is behaving in one way...
Interpret the trend lines and channel however you'd like. The money ain't in shorting the energy sector - it's in buying it cheap. I pray we see a correction down to the .618. A correction into .618 would be highly symmetrical and an incredible buying opportunity.
Personally I am using any daily close > 25 as my stop. My target is "d".
GNW has had consistently bad earnings since 2014 until about Q1 of this year where the distressed financial company posted profits and shedding of toxic assets. MACD bullish divergence, Ichimoku crossed above kumo on the daily chart, we might see a turn around and long term climb to 6+. Keep in mind this is a fortune 500 company trading for $3.
Q2 Earnings season is starting in Monday, July 11th with major financial institutions reporting. Financials are projected to do slightly better then the previous quarter and may offer good upside potential. From a fundamental standpoint, most financials are undervalued when taking into account future interest rates. If "Market Stabilization" occurs in Q2 or Q3,...