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SPX 5min, slight break out

Posted by frtaylor on 27th of Apr 2023 at 12:57 pm

SPX 5min, slight break out of a wedge. Time for some afternoon weakness? Edit: redrew the wedge, still inside in this view.

Would love to have that pullback.

SPX trying to take back

Posted by frtaylor on 27th of Apr 2023 at 11:30 am

SPX trying to take back 1/2 of Tuesday's down candle. The midpoint of Tuesday is ~ 4099. Pinocchio, or are we in the start of the 5th wave?

Man, I sold my put

RP - LOW down another $2 

Posted by frtaylor on 27th of Apr 2023 at 09:56 am

Man, I sold my put way to soon!

Just go with Steve's last

SPX 120 min

Posted by frtaylor on 27th of Apr 2023 at 09:53 am

Just go with Steve's last comment, the "Low Down!" Can't go wrong w/ Boz Scaggs

Double top just formed on the 15 minute chart. I bought SJB, stop below the lows, target is gap fill for HYG.

Steve/Matt, on your HYG chart,

Posted by frtaylor on 31st of Mar 2023 at 10:47 am

Steve/Matt, on your HYG chart, I notice that 6 out of the last 6 times price pierced the upper Bollinger band (whether or not it closed above it), there was at least a one-day pullback. We are above the Bollinger band today.

I've taken some profits and moved the stop to $74.80, which also about breakeven.

PETQ won't get up off

Posted by frtaylor on 30th of Mar 2023 at 10:14 am

PETQ won't get up off the floor. A real dog so far, lol.

Sticking with my NEE play;

Posted by frtaylor on 30th of Mar 2023 at 10:11 am

Sticking with my NEE play; working higher.

SPY trying to hold the

Posted by frtaylor on 24th of Mar 2023 at 09:40 am

SPY trying to hold the 50% retrace from the recent lows to highs, after breaking the wedge Steve has been posting. Edit: broke below the 50% retrace.


FAZ looks like it wants

Posted by frtaylor on 23rd of Mar 2023 at 01:07 pm

FAZ looks like it wants to go higher. Flagging, with volume decreasing on daily chart.

You mean ERX, not ERY

OVX crude VIX

Posted by frtaylor on 20th of Mar 2023 at 04:28 pm

You mean ERX, not ERY

Matt, I'm remembering last week's

Posted by frtaylor on 20th of Mar 2023 at 12:04 pm

Matt, I'm remembering last week's discussion about cycles and a turn date long about now.  I was assuming that would be a turn up, but now I'm not so sure. Your thoughts.

SPX showing a completed "W"

Posted by frtaylor on 16th of Mar 2023 at 03:37 pm

SPX showing a completed "W" pattern, 30 minute chart.

And some very long upper

VIX back below its upper BB 

Posted by frtaylor on 16th of Mar 2023 at 03:25 pm

And some very long upper wicks from this week, too. 

ETHE still looks good, it's

Posted by frtaylor on 16th of Mar 2023 at 03:23 pm

ETHE still looks good, it's been basing/flagging for 8 weeks now.

NEE trade working nicely so

Posted by frtaylor on 16th of Mar 2023 at 03:19 pm

NEE trade working nicely so far. Here's one way to look at it, a cup & handle on a 2hr chart. Conservative and full measured moves shown.

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