paulyberndt

paulyberndt

The DOW from a weekly perspective is still trading inside its trading range and looks to retest the FEB lows. watching for a close below that swing low

paulyberndt

Dollar is sitting at cloud support however still bullish on weekly Sitting at a buy point here. Cloud is thin though so not enough for me to fire a long yet

paulyberndt

XRT has broken down this morning out of its trading range. I have my target as the bottom of the previous trading range. I will be buying put spreads

paulyberndt

I look for a pull back on this pair and waiting for a better setup on daily

paulyberndt

This pair still looks weak for a long and I look for a retest of the Kijun line soon. waiting for a better setup on the daily time frame

paulyberndt

XLU has been one of the strongest sectors over the last month on anticipation of no rate hike. It is breaking out but is still developing IMO as the rate hike is still in question moreover it is up against the kumo cloud on the weekly. Resistance area is my target

paulyberndt

IYT is inside the cloud making it neutral on direction but setting up for a long soon

paulyberndt

I see a short entry setting up on the pound dollar. It is rejecting the bottom of the Kumo cloud on the weekly The ichimoku is setting up now on the daily for a short entry See my Entry point area Target would be lowest swing low. This would be a trade on the daily time frame

paulyberndt

XLI has been getting weaker with stocks like MMM I see consolidation on the weekly now and a setup for the summer if my sell stop is hit. I have marked the fractal on the chart.

paulyberndt

will enter long at this buy fractal Stop below the teeth red line market breadth has been getting weaker but weekly still bullish

paulyberndt

The SPY continues to show strength with a bullish engulfing candle last month and now a transition of the Awesome Oscillator turning green and trading in the zone, both AC and Awesome Oscillator now green. From a trade perspective following the rules one would add more capital 2 ticks above this months high and then wait to see if that higher level is taken out...

paulyberndt

NYA is a great index for measuring the market over the SP 500 because it comprises so much more including over seas stocks or ADR's. There is a inverted Head and Shoulders begining to play out on the weekly. From the Alligator system it is trading in the zone now showing buyers are stronger and is a buy.

paulyberndt

Q's took out two prior fractal levels on the weekly as I have marketed on the chart. In addition there is an Awesome Oscillator buy signal now generated on the weekly and price is trading from a momentum perspective "in the zone.". Placing my buy stop 2 ticks above the high of the close on Friday. If your already long the Q's on the weekly this is a signal to...

paulyberndt

I am in long in a small position. Indicators showing gain in momentuem My stop is the red line alligator teeth

paulyberndt

Price is inside the alligators mouth and subject to whipsaw. Waiting for market to show its hand and in cash. I have marked entry levels on fractals in the event the Alligator wakes up and gets hungry LOL

paulyberndt

XHB breaking out yesterday taking out a previous double top area and the Fractal marked on the chart. Homebuilders should remain strong going into spring season. I am long XHB

paulyberndt

Price is now inside the Alligators mouth which is no entry and is considered a whipsaw area. I am waiting for it to get above the teeth- Red line and may enter very small Momentum on the Acceleration Decelerator OS is just starting to go green Awesome osc has yet to switch to green. I am putting a buy stop though at the fractal as marked on the chart. See if it...

paulyberndt

Trade setup for Q's long. They have been consolidating. Watching for a breakout