WadeYendall

WadeYendall Updated 

Like this one above box. If this can clear the consolidation there is plenty of room to run.

WadeYendall

Watch SPY at gap fill. Price trying to stay +300. Fridays close at 304.10 would be a potential rejection area. If price clears Fridays close could see push back to Fridays bounce high around 308.

WadeYendall Updated 

Like this above the box. Smaller name with lower volume, but closed strong with the rest of the market down.

WadeYendall

Long above box or pullback long from lower target. Targets = dotted lines

WadeYendall

The SPY closed above 300, the .236 Fib and the 200sma but below the longer term trend line after some heave selling. Below 300 I'm bearish and above 314 I am bullish. In between I see chop. Personally I wouldn't mind seeing a break of the 300 and move back to the .382 as I believe it would make for a healthier market if price were to consolidate for a bit before...

WadeYendall Updated 

Watch for move above box to go long. Price falls below box not trade. Targets are dotted lines above box.

WadeYendall Updated 

Take GLD long above box to targets. If price falls below the box can short to lower target or wait for pull back long entry at dotted line

WadeYendall

The SPY is looking to gap up this AM. The box is and area of significant resistance. I will not be looking to go long until we get above the box. We will be in chop if price stays between the box and yesterdays low. Good time to be patient unless you are a scalper.

WadeYendall Updated 

Take long above the box to targets above or short below box to targets below. Tarkets = dotted lines. Can also try a pull back long from targets below box.

WadeYendall Updated 

FB poised for another ATH. Long above box.

WadeYendall Updated 

SPY forming a topping pattern on the 1H. Its the first one in a while. Price may want to fill the gap below. This is not a bearish call longer term, but shorter term the market may need some time to digest the recent surge up so be careful taking any new longs that do not have a specific catalyst. I will remain bullish as long as price stays above the 382.

WadeYendall Updated 

If the QQQs crack the high this looks like it could explode. 4 weeks in a tight range.

WadeYendall Updated 

This will either be the largest double top in history or have the potential to go up another 30 % I would typically expect one or two pull backs before this high is taken out but in this market who knows it might just blow right through.

WadeYendall Updated 

Long entry above box short entry below to dotted line targets. Can also take pull back longs off targets below box.

WadeYendall Updated 

Long entry above box. Trade dead if price falls below box.

WadeYendall

Bullish above the box and bearish below. Expect indecision until Non Farm Payrolls come out tomorrow.

WadeYendall Updated 

Long entry above box. If stock gaps up on Tues will wait for pull back to top of box. If stock breaks below box look for pull back long entry at lower targets. If lower targets are breached the trade is dead. Targets = dotted lines.

WadeYendall Updated 

FB has broken out to new highs. Would take it long above box to targets, but prefer a pullback long entry at bottom of box or at targets below. Trade would be dead if lower targets are breached. Targets = dotted lines.