darcy_kincaid

darcy_kincaid

Our published chart clearly identified the LT Swing Short and ST Short levels that have been reacted to. After reaching and reacting to these levels, negative news reports have added to the selling pressure in AAPL, but it is imprtant to remember that the retrace had already begun before the news reports surfaced. Technical traders reacted to the identified...

darcy_kincaid

eurusd is still in the same range that we had previously identified. No news events have transpired that the market has considered of much import, though that can change at any moment. Volume will doubtless decrease during NY hours the last two or two and a half days of the week as the holiday approaches at the end of the week in the U.S. Less volume does not...

darcy_kincaid

ST Short 3rd target was reached Friday as the intraday short sellers continued to control the day trade price action. We are keeping close watch on the AST Short 3rd target which is about 60 pips below the ST Short 3rd. This is a more important level as this is a trade being sold from a higher time-frame than the intraday chart. If this level is reached before a...

darcy_kincaid

The chart identifies the levels that will be watched closely as price continues to react at the previously identified levels. VAIL has reached the 1st target, and reacted at the AIS. A nice move down has resulted and what investors/traders will be watching is the reaction if VAIL is retested. It is still a valid trade and until it fails longs will continue to be...

darcy_kincaid

Commentators on the market would have us believe that the recent retrace in AAPL is because of a variety of reasons, few if any of them having to do with technical levels being reacted to by traders/investors. While there is no doubt that there have been reports that are detrimental to AAPL, the point to keep in mind is that these reports have occurred after the...

darcy_kincaid

3 AIL targets from the prior update have been reached in quick succession and are denoted as BE. Note that although the VAIS 2nd target did not reach to the pip, this is an example of a frontrun for which eurusd is famous. We consider the target reached in cases such as this and all experienced eurusd currency traders are well aware of this behavior and trade...

darcy_kincaid

eurusd has been ranging in a area of about 70 pips since our last update VAIS 2 has reached the 1st target and we have identified the 2nd on the chart. The down trendline is still holding but we never base trades on trendlines. We draw them to gauge the reaction of those who do use them as indicators. However, at times a trendline will intersect on a time axis...

darcy_kincaid

Our AAPL chart published 9/07 identified the ST Short that has just reached the 1st target, a move of about $98. We are not showing the time element on these charts, as that is reserved exclusively for our clients, only the price levels. So for example the first entry on the ST Short occurred on 9/14 when the price level was reached. Referring back to that chart...

darcy_kincaid

We stated in the last update to the intraday SPY chart, "We have identified a Very Aggressive Intraday Short(VAIS) for the 15 min chart which has seen a reaction but it is probable that this short will fail unless there is some unfavorable news overnight." As the chart shows there was indeed a concerted effort by daytraders to break the short but the overall...

darcy_kincaid

As an update to the previous intraday chart price action continues to follow the analysis very well. eurusd has reached within about 7 pips of the exact VAIL 1st target and as all who trade the currencies are well aware a front run of 10 pips is not uncommon in eurusd for a counter-trend trade. Still a very profitable trade of about 100 pips. We have updated...

darcy_kincaid

This is an update to the chart We have added some of the shorts and longs that we identified for our clients since the last update and the levels are shown on this chart. Note the price action at the VAIL. Even after the huge drop after the earnings report fiasco, note that the price closed exactly at the top of the entry range for longs. A nice bounce ensued...

darcy_kincaid

This update will be published on the 60 min chart but some of the levels are Intraday as well as Day chart levels. Our original published chart for SPY, /www.tradingview.com/v/IlRjkmwa/, discussed our analysis regarding the likely breakout of the Long Term Short which was first reacted to on 3/13/2012. We stated in that analysis "Normal market activity would be a...

darcy_kincaid

Our last update on eurusd, stated, "Our analysis has identified a retest of 1.28 in the event that the 1st target of the Aggressive Long is not reached." This update shows how the price action reacted at the identified Very aggressive Intraday Long(VAIL), bounced about 110 pips to the next Very Aggressive Intraday Short(VAIS) retraced back to the to the VAIL,...

darcy_kincaid

Update to chart As we have commented before AAPL is being sold by three distinct groups as shown by the short entry ranges on the chart. As we approach the all-important Intraday Short 2nd target, the Swing Short Term Long is being bought and holding at this time but added volume will be needed to sustain an advance. If the price can't reach the 2nd target...

darcy_kincaid

Update to chart published here: Many times traders and investors make the mistake of not considering the potential changes in market conditions that will render their prior analysis invalid. Once a trading decision is made, many will not reconsider their position until a predetermined stop is approached. As most experienced traders and investors realize, the...

darcy_kincaid

To better understand our analysis, you can read our analysis of other stocks and etfs that we have published on this site. In a nutshell, if you are biased long, we have identified the area where shorts will be selling. areas of resistance that will have to be overcome in order to reach the long targets identified. If you are biased short, we have identified...

darcy_kincaid

With a p/e ratio of 138, many wonder how much higher V can go without a meaningful pullback. Fundamentally a strong company with a forward p/e of 19.5, this rise could continue for quite a while, or not. An imprtant target is the 150 area and that is reachable without negating the Intermediate Term short. We have identified entries, the larger of which is for...

darcy_kincaid

Fundamentally gas prices have consistently outstripped oil prices for the last four years as the chart illustrates very well. The question is why. We will not comment extensively on the reasons, but only list a few that the companies themselves blame for the continued increase in pump prices: Closures of refineries, supposed maintenance issues, hurricanes, etc,...