"WAVE TRADING" is for the Short/Mid-Term SPX Trader. The SPX Charts displayed below are identical with the exception of Buy and Sell Color Signals. The Signals are generated by sophisticated hidden chart indicators. The SPX Charts below are Daily intervals...

"TREND TRADING" is for those who want to trade the SPX Trend. Use the EMA 13, 21 and 34 Lines to determine the trend direction and the time to Enter or Exit the trend. The trader is responsible for selecting the ETF's to trade...

Sunday, June 30, 2013

Technical Priorities posted 6/28 (Weekend Outlook)

Below are four Technical Priorities that we use when attempting to spot trends and pivots. They are prioritized when updated each day. 
  1. Elliott Wave Pivots – See the 61.8% Retrace Chart (posted 6/27)…
  2. EMA Trend lines – $SPX Price is “under” the EMA Trend Lines (bearish)…
  3. Forex ES Mini and $USD – The $USD sneaks above 61.8% retrace level (bullish)…
  4. SPX Signal Alerts –  A sell alert is displayed…
Observation(s):
  • A reversal, (close lower than the previous day close) sets up the bearish trend. 
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This product is meant for educational purposes only. All information and data displayed on this blog should not be taken as advice to Buy or Sell any Index, Stock, ETF or Option.