Stock Market Technical Analysis
Click on above images to enlarge
Stock Market Viewpoint
Reading the Tea Leaves...
Wednesday, November 16, 2011
Saturday, November 12, 2011
Tuesday, November 8, 2011
Midafternoon Trendline Charts Update 11/8/11
Stock Market Technical Analysis Blog
click on images to enlarge
Thursday, November 3, 2011
Midday Trendline Charts Update 11/3/11
Stock Market Technical Analysis Blog
Click on above charts to enlarge
Tuesday, November 1, 2011
Closing Trendline Charts Update 11/1/11
Stock Market Technical Analysis
Click on above images to enlarge
A nasty gap down in the markets today as we dropped from the extreme blow off top island reversal we had a couple of days ago. Heading into the bell today however, the QQQ is set up ideally for Ben and Tim to execute one of their trademark overnight / premarket interventions. They intervened everywhere that was necessary on the way up during the month of October but those who follow the market closely are aware that after the market has put in at least a short term peak that the interventions are sometimes hit and miss. While I banked nicely personally on an overnight PUT hold, while I do belive that an intervention may be coming tomorrow morning, I decided it was just too risky to play a CALL betting it during tomorrow's premarket so it's all cash at the bell. Chart set 7 is the most noteworthy.
Alan
Please see risk disclaimer below
Monday, October 31, 2011
Late Evening Trendline Charts Update 10/31/11
Click on images to enlarge
Midday Trendline Charts Update 10/31/11
Stock Market Technical Analysis Blog
Click on images to enlarge
The push to keep the stock market as high as possible right up until 3pm today which is the end of the current monthly bar. Hopefully starting tomorrow the market will resume natural trading after a few days of very persistent propping.
Alan
Please see risk disclaimer below
Subscribe to:
Posts (Atom)