Here is a recap of my recent swing trade in $UPRO step-by-step: $SPY has been in an up trending bull market for years above the 200 day moving average, and it made new all-time highs late in 2014. The best plan was to trade the long side all year. However, with a high probability […]
My December $UPRO Trade Read More »
$IWM has held up well in a price range over the 200 day in 2015, and is currently forming a nice range to swing trade. Currently, $IWM has a flat 200 day moving average, and this index ETF is currently the strongest on down days. I will be looking for opportunities to buy weakness
Buying the Dip $IWM Read More »
Three of the past four days $SPY made higher highs and higher lows. Friday slightly missed a higher high but the day’s volume was the lowest this year. This is bullish. $SPY is above the 50 day, this is bullish. The 5 day ema crossed over the 10 day sma last week. Bullish. Thursday
10 Facts About the $SPY Chart 1/25/15 Read More »
Chart courtesy of stockcharts.com The long term up trend is still in place with the 200 day not being threatened recently. The short term down trend in place with Friday’s price action failing to overtake or close above Thursday’s high of day to confirm a possible reversal. The momentum break over the 50 day
10 Facts About the $SPY Chart Read More »
$SPY broke out above the 50 day sma on Thursday: In the past 4 years after $SPY crossed over the 50 day, 5 days later there were 21 wins/8 losses Average win 1.6% average loss -1.33%. $SPY bounced and regained the 50 day by the end of day on Friday. $SPY is above the
10 Fast Facts: $SPY Chart 1/11/15 Read More »
Here is a recap of my recent swing trade in $SPY step by step: $SPY has been in an up trending bull market for years above the 200 day moving average and it has been making new all time highs. So the best odds for me is to trade the long side primarily. The
My Recent $SPY Trade December 2014 Read More »
Price is still above both the 50 day and 200 day moving averages and both longer term movign averages still slanting upwards signaling the long term up trend remains in place. The short term uptrend has lost momentum with price currently at the 5 day ema and under the 10 day sma. The 5
10 Facts: $SPY Chart 1/4/15 Read More »
The $SPY closed at the end of day all time high on Friday. This is as bullish as it gets. (The algo gone wild day should not really count as the all time high price due to the circumstance of the move). The momentum continued on last weeks shortened trading week with higher highs
$SPY Chart With 10 Facts: 12/27/14 Read More »
Electric car companies are all the rage when oil is expensive, but what happens when the oil market takes a dive? Follow along, step-by-step, with my Tesla trade made the week of 12/2/2014. As oil fell day after day, electric car company Tesla showed weakness in price, resulting in several down days in
Do Bears Drive Electric Cars? Read More »
I am not counting the long extended wick on the $SPY chart becasue this is what happened: Berserk, Broken Rampathon Algo “Buys” The S&P At 2,130 The all time high that is relevant after the dividend on the adjusted $SPY chart is now $207.50 and on the $SPX it is now $2079.50. Breaking out
Facts About the $SPY Chart: 12/21/14 Read More »