The S&P 500 has seemingly entered into a range bound stage between SPY $133-136. The Materials Sector , XLB, remains slightly oversold along with Financials, XLF, going into the new week. While the Commodities ETF, DBC, was...
Read MoreTrading the DV Bounded indicator has been a very effective way to trade markets like the S&P 500 (or the SPY ETF) in the last few years. The basic method is to buy on a low reading (0.5). As the summary table below shows,...
Read MoreWhat is it with red Fridays as pointed out by BZB during the mid-day post and also Mrkt_Seasonality? Buyers are just not very confident going into the weekend especially with so many negatives like the European Debt crisis...
Read MoreQuestionable selection by wifey and son… have a good weekend anyway! Related posts:Friday Fun – Bears Fight Song Don’t fight the FED and QE3 5-24-10 Pre-Open Magic Monday ECB-SNB Street Fight 2.0 02.08.08...
Read MoreRelated posts:Livermore Active Issues Index for Friday, August 13th Livermore Active Issues Index for Friday, May 7th Livermore Active Issues Index for Friday, May 6th Livermore Active Issues Index for Friday, Apr 30th Livermore...
Read MoreFeels worse than S1, no? It’s yesterday’s large range reversal at play “in a world without theme…” to quote a chat member (who was in turn quoting a phrase from Bloomberg?). Related posts:10.05.10...
Read More45 minutes into the day and SMH is actually looking better than shown on the dashboard (now green). The Volume BUZZ was a lot higher in SMH at the open as it led the pack. Closing our SHORT TLT position was a...
Read MoreTrading S&P500 gaps has always been fascinating as a high percentage of them fill. Gap trades can provide an additional diversification for full time traders without taking too much time away from their other trades or...
Read MoreThe bounce put the major indices back into the middle of a trading range and the 133 low last week on the SPY as near term support. Defensives got a bid while SLV and USO dance to the beat of the rising dollar. ...
Read MoreRelated posts:09.16.10 – Strong SPY Resistance at Pivot 01.28.08 – Pivot Resistance but Strong Tick 02.03.11 – Resistance at Pivot 04.11.11 – Strong Resistance at 5-DMA 10.14.09 – Price Resistance...
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