****spy 15 min chart*** The black dotted line and red dotted line will act as resistance as the chart broke the light solid green line. Upper limit is $212ish only.
temporary SUPPORT @ $193ish. Market is breaking the green support line
SPY ELECTION UPDATE: SPY Still trading between red resistance line and the dotted black support line. Even though it tried to break several times the black line but slowly and surely its going down and will breach soon. SPY upper limit is $214.71 and lower limit is $185.20 (even though it may not reach on pre/post election but the hype will be there)
QQQ HOURLY CHART ELETION UPDATE: Upper limit is $119.72 and lower limit is 109.12. Unlike SPY QQQ is very strong and doesn't show weakness sign yet in the price chart but technical are weak though. Need good options strategy heavy on the short side and less on the bull side. But looks like it will move either way in pre/post election days.
TRADING TRIANGLE. Once break the green dotted line (support) next test will be solid green line. Thin blue line is the election day.
TRADING TRIANGLE. Once break the green dotted line (support) next test will be solid green line.
money.cnn.com en.wikipedia.org visa is a short candidate. It is making a triangle pattern. If you see the red dotted line and the light green dotted line then this triangle formation may continue till next quarter of 2017 latest. But technical indicators are weak anyway. Charles Scharf need to sell his VISA stock and options as soon as possible to avoid any loss.
***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. (HORIZONTAL BLUE LINE -ELECTION DAY) The upper limit is $214.71 and lower limit is $290.19. It will trade both ways on pre & post election so LODS...
***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.