Trend Watch
Long Term Market Analysis: Continuation? (14 May 2011)
long term market analysis attempts to identify the general trend the market, whether bullish or bearish. stay vested when trend is bullish and trigger downside controls when trend is bearish S&P 500 Every one is watching the 1340 level on the S&P500. Violation of it will invalidate the reverse heads and shoulders breakout. Breaking out [...]
S&P 500($SPX) and Major Indices in range mode.
It’s been a few slow weeks for me as well as the markets. I have not been doing much on the investment front recently and really it’s a difficult market to invest. Trading is another story. 1130 is the resistance that the bulls just could not get across but sentiments recently have been rather lukewarm. [...]
Trend Watch: Long Term Bearishness abound $spy $qqqq
We had a rather bearish drop of 3% yesterday. Since im on a half day leave today I decide to take a look at the long term charts. What I don’t like about it is that on the MACD it shows a clear sign that it is Failing the zero line and it went from [...]
Trend Watch:STI looks very topish with a head and shoulders pattern
Alot of sites are pointing that head and shoulders pattern, which is a bearish pattern, is observed on numerous indices. I think lets trade with skepticism in mind, plan when it comes to fruitation and plan when it does not. This pattern have not been confirmed yet so until we see confirmation this is very [...]
Trend Watch: Market in a direction searching mode $EWS
I been resting more than i have these few days so as to let the body recharge so i am not posting as much. Seems like i have not been missing out on anything. I think its best to take note of how each of your trusted indicator tells you and be ready for any [...]
