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01/24/2015 Weekend Update

LuvToChart
Posts: 5
Joined: Sun Jan 25, 2015 12:21 pm

Re: 01/24/2015 Weekend Update

Post by LuvToChart »

Hi everyone...this my first post and I'm sharing my Daily SPY chart.
I'm a big believer in repetitive "master" lines that once identified can be used to predict future pivot points.
I use this chart both in Daily and Hourly timeframes and mostly trade SDS options to get 2x movement on the SPY on shorter timeframes often times holding a position for 2-3 days.
I started investing in Silver this year and hold long leap options for SLV and AGQ.
I'm also holding positions in SID, which I have followed for years and finally took the plunge accumulating long term position.
I might share those charts too if there's any interest.
For most of you, the lines on my chart should be mostly self-explanatory.
I see chart as a work of art that "reveals" things to people.
If you have any comments...I would welcome them.
The most interesting thing on this chart is the green triangle that terminates toward the end of March...
Attachments
SPY Hourly 1-24-15 Daily TF.png
User avatar
Out of Bounds
Posts: 5623
Joined: Wed Feb 23, 2011 10:11 am
Location: Miami

Re: 01/24/2015 Weekend Update

Post by Out of Bounds »

LuvToChart wrote:Hi everyone...this my first post ...
Welcome!
...
User avatar
Cobra
Site Admin
Posts: 58344
Joined: Sat Feb 12, 2011 10:29 pm

Re: 01/24/2015 Weekend Update

Post by Cobra »

LuvToChart wrote:Hi everyone...this my first post and I'm sharing my Daily SPY chart.
I'm a big believer in repetitive "master" lines that once identified can be used to predict future pivot points.
I use this chart both in Daily and Hourly timeframes and mostly trade SDS options to get 2x movement on the SPY on shorter timeframes often times holding a position for 2-3 days.
I started investing in Silver this year and hold long leap options for SLV and AGQ.
I'm also holding positions in SID, which I have followed for years and finally took the plunge accumulating long term position.
I might share those charts too if there's any interest.
For most of you, the lines on my chart should be mostly self-explanatory.
I see chart as a work of art that "reveals" things to people.
If you have any comments...I would welcome them.
The most interesting thing on this chart is the green triangle that terminates toward the end of March...
Welcome aboard!

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Al_Dente
Posts: 28535
Joined: Thu Jul 21, 2011 2:29 pm

Re: 01/24/2015 Weekend Update

Post by Al_Dente »

futures are acting surprised at the expected news:
•TSIPRAS SAYS GREEK PEOPLE HAVE WRITTEN HISTORY
•TSIPRAS SAYS GREECE IS TURNING PAGE, LEAVING AUSTERITY BEHIND
•TSIPRAS SAYS BAILOUT AGREEMENTS HAVE ENDED FOR GREECE
•TSIPRAS SAYS TROIKA ERA IS OVER FOR GREECE
•TSIPRAS SAYS SYRIZA GOVT READY TO NEGOTIATE, COOPERATE ON DEBT
•TSIPRAS SAYS OLIGARCHS, ELITES IN GREECE HAVE BEEN DEFEATED
•TSIPRAS SAYS SYRIZA VICTORY IS VICTORY FOR PEOPLES OF EUROPE
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 01/24/2015 Weekend Update

Post by fehro »

Al_Dente wrote:futures are acting surprised at the expected news...
possible H&S should we fill the gap/RS… way too early.. but fwiw.
Attachments
Screen Shot 2015-01-25 at 4.45.19 PM.png
mylock
Posts: 19
Joined: Fri Mar 25, 2011 1:32 pm

Re: 01/24/2015 Weekend Update

Post by mylock »

miagi pbar to 202.99 looking good.
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DellGriffith
Posts: 1803
Joined: Sun Aug 25, 2013 5:24 pm

Re: 01/24/2015 Weekend Update

Post by DellGriffith »

Image


Image
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 01/24/2015 Weekend Update

Post by fehro »

I see a cup and handle as well.. unfortunately.. it's inverted. ;-) …still hours away from the morning..
Attachments
Screen Shot 2015-01-25 at 6.44.43 PM.png
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Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 01/24/2015 Weekend Update

Post by Unique »

LuvToChart wrote:Hi everyone...this my first post and I'm sharing my Daily SPY chart.
I'm a big believer in repetitive "master" lines that once identified can be used to predict future pivot points.
I use this chart both in Daily and Hourly timeframes and mostly trade SDS options to get 2x movement on the SPY on shorter timeframes often times holding a position for 2-3 days.
I started investing in Silver this year and hold long leap options for SLV and AGQ.
I'm also holding positions in SID, which I have followed for years and finally took the plunge accumulating long term position.
I might share those charts too if there's any interest.
For most of you, the lines on my chart should be mostly self-explanatory.
I see chart as a work of art that "reveals" things to people.
If you have any comments...I would welcome them.
The most interesting thing on this chart is the green triangle that terminates toward the end of March...
Welcome. That chart reminds me of an old friend's charting habits
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
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Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 01/24/2015 Weekend Update

Post by Unique »

Crude Oil (CL) : Chart album for easier view (http://imgur.com/a/2p0sQ )

For next week, crude oil monthly candle closing should give us a clear hint of whether going near the $33.2 extreme level is viable or not.
CL is below daily 8EMA, 20EMA once again after hitting $51.xx with the hourly oversold bounce on Jan 15th.
Bears still fully dominate on daily/weekly/monthly scale. As long as no surprise bull attack above $50-52, should ride this baby down to $40 which is the next immediate target.
The important support levels are $40 and 33.2 should $44.2 decisively break and accelerate bears again. Keep riding shorts from $100-$90 till it dies! :D
Attachments
cl_jan25.PNG
cl_jan25_2.PNG
cl_jan25_3.PNG
cl_jan25_4.PNG
cl_jan25_5.PNG
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
fehro
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 01/24/2015 Weekend Update

Post by fehro »

And this adds to the SPX problems… Earlier Sunday, the National Weather Services upgraded its blizzard watch to a blizzard warning for the area from northern New Jersey through southern Connecticut, including New York City. Twenty to 30 inches of snow is possible with winds gusting 55 to 65 mph.

The Weather Service says whiteout conditions will make travel extremely dangerous in the entire affected area. The blizzard warning is in effect from 1 p.m. Monday through Tuesday, with the worst conditions expected from late Monday evening through midday Tuesday.
http://www.cnn.com/2015/01/25/us/weathe ... index.html
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