Category: Stock Index Trading
The analysis published under this category are as follows.Friday, January 22, 2010
Stock Market Selling Accelerates... / Stock-Markets / Stock Index Trading
When sentiment needs correcting, the only way to really do it is to shake the tree. If you get small drips and drabs it is quite unlikely that you'll get scared out of the market. You'll look at every small down move as a buying opportunity. The only way to change that thinking is to make things look bad. Really bad. Scare you bad. To make you think twice about buying those dips and to get to the point where you won't buy the dips. Where your reaction to downside will be I am not touching that. It has to go much lower from here.
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Thursday, January 21, 2010
Short S&P 500 ETF Confronting Key Resistance / Stock-Markets / Stock Index Trading
Last week I entered a 50% long position in the single-levered Short S&P 500 ProShares ETF (NYSE: SH) just in case Mr. Market decided it did not like earnings season or the President's agenda.
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Thursday, January 21, 2010
Stock Market Bears Get the Ball Rolling / Stock-Markets / Stock Index Trading
Today we saw the Dow down as much as 210 points before it rallied off of some oversold 60-minute charts. It finished down 122 points which is still somewhat satisfactory for the bears. They can at least feel as if they did a little damage, although, there has to be some frustration over the fact that they couldn't even close the major indexes below the 20-day exponential moving average. Only when that is accomplished will they get the chance to take this market down to the 50-day exponential moving averages across the major index charts.
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Wednesday, January 20, 2010
Stock Market Remains in Sell Mode / Stock-Markets / Stock Index Trading
Brown Beats Coakley
What does that mean for the markets?
Tuesday, January 19, 2010
Stock Market Pullback, Are the Bulls Afraid? / Stock-Markets / Stock Index Trading
Welcome to Lynn T's 1-2-3 PLUS Alert.It would seem that the bears have crept out of hibernation and stunned the bulls. Now, I don't think the startling will curb the advance for long. It might just be a cure to the bull's hiccups. So, are the bulls afraid? Not at all.
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Monday, January 18, 2010
Stock Market SPY Index Trading Buy Signal / Stock-Markets / Stock Index Trading
Current Positioning: SPY: Long 50%
General Commentary: The system for the SPY is on a Buy signal
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Sunday, January 17, 2010
NDX, S&P 500 Trading, Exciting Options Expiry Week / Stock-Markets / Stock Index Trading
What a week!
This was one of most exciting OpEx weeks that I remember for months – all sorts of crazy price actions on and off hours.
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Thursday, January 14, 2010
Key Price Levels for SPY, DIA, QQQQ, and IWM Stock Indices / Stock-Markets / Stock Index Trading
It has been many months since I have looked at the key price levels on the ETF's that represent the major market indices. This used to be a regular feature back in the early days of this rally. I have recently renewed my interest in this methodology of determining significant turning points as these key price levels tend to represent important areas of support and resistance.
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Thursday, January 14, 2010
The Power to Trigger a New Stock Market Rally? / Stock-Markets / Stock Index Trading
An interesting question. Is there a group of investors that we can say may be responsible for triggering new upside rallies?
Take a look at today's chart and decide for yourself.
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Thursday, January 14, 2010
Stock Market Indices Rally in Afternoon to Close Positive / Stock-Markets / Stock Index Trading
The stock market indices started out with a little bit of a pop and then immediately sold off sharply. When yesterday's late lows held, the indices turned around and rallied for the rest of the day. Only a mid-afternoon pause prevented them from going straight up, but they never violated their intraday moving averages on the 5-minute charts, with the Nasdaq 100 going from 1855 to 1890 and S&P 500 jumping from 1133 to 1148.
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Thursday, January 14, 2010
Stock Market Bulls Fight Back... / Stock-Markets / Stock Index Trading
Yesterday we get a strong gap down that runs lower all day. A trend down day that puts the bulls on notice for more down side action. The move lower coming from overbought oscillators on those daily charts. Surely the market could use some time off to get things unwound. Give the bulls a breather. The market could use it so let’s just continue the selling today. Not to be. The market rallied early on and failed right where it was supposed to. Right at the back test of the gap down that would put the brakes on any rally.
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Monday, January 11, 2010
Stock Market SPY Index Trading Sell Signal / Stock-Markets / Stock Index Trading
Current Positioning: SPY: Short 75%
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Sunday, January 10, 2010
Stock Market Final Trading Hour Price Action Study / Stock-Markets / Stock Index Trading
Once upon a midnight dreary, while I pondered, weak and weary,
Over many a quaint and curious volume of forgotten lore--
While I nodded, nearly napping, suddenly there came a tapping,
Friday, January 08, 2010
Diamonds are not a Stock Trader’s Best Friend / Stock-Markets / Stock Index Trading
As a follow-up on the Not-So-Orthodox Broadening Top, I would like to present the idea of yet another extension in the rally that may not be totally unexpected. The saying that, “The markets may remain irrational longer than you can remain solvent.” comes to mind as traders have thrown in the towel multiple times after expecting an end to this rally.
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Wednesday, January 06, 2010
Do NOT Trade Against This Indicator / Stock-Markets / Stock Index Trading
Increasing Product Demand, Higher Product Prices ...
Increasing Liquidity in the Market, Higher Stock Market Prices ...
Tuesday, January 05, 2010
S&P 500, NDX Range Breakout / Stock-Markets / Stock Index Trading
Well, Holidays are over.
I think I left my readers in a very good shape with a very valid and solid setup.
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Tuesday, January 05, 2010
Stock Market Divergences Spread And Grow More Profound / Stock-Markets / Stock Index Trading
Divergences in various markets, indicators, and data continue to grow across the gambit, with patterns indicating some sort of resolution is set for as early as next week – as discussed previously. A diamond is forming in the widely followed S&P 500 (SPX) (and other broads) due to pinnacle next week, which as suspected for some time now, should keep equities buoyant until the New Year.
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Tuesday, January 05, 2010
Stock Index Traders Protect Profits Here / Stock-Markets / Stock Index Trading
Hello Everybody
Trade Actions: None at this time Tighten up stops on positions
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Wednesday, December 30, 2009
Stock Market Trend Signs of Weakness / Stock-Markets / Stock Index Trading
With the market up 6 days in a row, Tuesdays weakness could be signs of more selling to come.Read full article... Read full article...
Wednesday, December 30, 2009
Stock Market Selling To Come, Things Still Bullish Overall / Stock-Markets / Stock Index Trading
Tonight I want to over multiple time frame charts with all of you to show you why buying anything new on the long side here is not the best of ideas unless you can scalp plays within hours. Not easy for the majority of you to do I know. I will be discussing the 60-minute time frame charts along with those critical daily and even weekly charts to show you what has set up and why taking on new longs right now is dangerous at best. Let me be clear that I do NOT think this market is going to get killed. Not one bit. I think the selling to come will be a wonderful opportunity to make great money going long. I just want all of you to be ready for a tough market in terms of upside in the very near future.
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