emcee08292016

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Markets Allocation
80 % stocks 20 % other
Top Mentioned Symbols
USO 20% | 1 SPX 20% | 1 IWM 20% | 1 SPY 20% | 1
emcee08292016 emcee08292016 SPX500, 30,
SPX500: SPX500 Projection for the Week of June 11th
93 0 3
SPX500, 30
SPX500 Projection for the Week of June 11th

Both bullish and bearish scenarios are outlined. Based on today's drop and how it was bought quickly, this could go both ways. Watch for key levels before entering a trade. Good luck!

emcee08292016 emcee08292016 SPY, D,
SPY: General Idea of the "W" Pattern
94 0 4
SPY, D
General Idea of the "W" Pattern

Referenced the idea from the Oct/Nov 2015 rally to now (Feb/March 2016 rally). If this heavily manipulated market holds true, we should rally higher into overbought territory - disregarding the overbought part. We'll see, this is speculative at the moment.

emcee08292016 emcee08292016 USO, W, Long ,
USO: USO - Bullish Engulfing Candle
49 0 1
USO, W Long
USO - Bullish Engulfing Candle

Doesn't take an expert to see that this is a bullish engulfing candle. This means that USO has a high probability of going higher after months long of pullback. Short term resistance is at 19.95. Mid-term is 22.19.

emcee08292016 emcee08292016 IWM, D, Short ,
IWM: IWM - Bearish Engulfing Pattern
49 0 1
IWM, D Short
IWM - Bearish Engulfing Pattern

Simple candlestick analysis here. This shows a bearish engulfing pattern which suggests a sell off. Welcome to the bear market? Maybe...

emcee08292016 emcee08292016 UGAZ, D, Long ,
UGAZ: UGAZ
41 0 0
UGAZ, D Long
UGAZ

Testing Pitchfork Tool

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