Chart Abbreviations:

3BC: 3 Black Crows; 3WS: 3 White Soldiers; BeC: Bear Channel; BeE: Bearish Engulfing; BTC: Buy To Close; BTO: Buy To Open; BuC: Bull Channel; BuE: Bullish Engulfing; DCC: Dark Cloud Cover; EnP: Entry Point; ExP: Exit Point; FW: Falling Wedge; HL: Higher Low; HH: Higher High; HM: Hanging Man; IR: Island Reversal; LBB: Lower Bollinger Band; LL: Lower Low; LH: Lower High; LPP: Lock Profit Point; MBB: Middle Bollinger Band; NABOP: Not A Bottom Out Pattern; NATOP: Not A Top Out Pattern; R: Resistance Line; RW: Rising Wedge; S: Support Line; SLO: Stop limit Order; SMO: Stop Market Order; STC: Sell To Close; STO: Sell To Open; T: Target; TSO: Trailing Stop Order; UBB: upper Bollinger Band;

Sunday, November 29, 2009

Monday, November 16, 2009

UUP 2009-11-16

UUP: borrow this chart from Cobra, more downside ahead.


Sunday, November 15, 2009

$XII Monthly chart

We might still only at the beginning of 5-year long bull move based on following chart.

Thursday, November 12, 2009

DJI Daily Chart 2009-11-12 After mkt closed

LL.LH red bar, possible a blending candle pattern here, tmr will be critical.

DJI 2009-11-12 Daily

A red day after new high is a continuation pattern on the way up... P is a resistance, B is the target... Day low today is an opportunity to "buy on dip", Day low today will serve as a low for next 4-7 trading days.


Wednesday, November 11, 2009

SPX Weekly chart


Old chart update: This chart was originally created on May 28th 2009. It is time for an update, SPX is walking through the "thin volume by price" zone between A&B here, next resistance at line B, This is the fibo .500 resistance near 1121.44, if this clears, then, T2 (near 1229) should be reached. RSI still below 80, no signal of overbought, so, long way to go...

Wednesday, November 4, 2009

DJI Daily

SPX is near May low today

If we use Gold not USD to calculate the SPX index, then, today's level is near May 2009.


Monday, November 2, 2009

UUP 2009-11-02

UUP: LL.LH red doji day, continuation pattern, bull flag or failure under line R is unclear. Falling wedge S&R unsolved here. Sell signal given on KD.