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The content on this site is provided as information only and should not be taken as an investment advice. This site's content shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author and are for entertainment purposes only. Any investment decision that results in losses or gains made based on any information on this site is not the responsibility of the author.
I have been trading stocks since 2008 and options since 2009. I developed an interest in stock market from my mom, who has been trading in India since 1992. I have a day job and I primarily trade for fun. My interests are technical analysis and trading options. I primarily use support and resistance levels, fibonacci retracement levels, MACD and RSI as my trading tools. To me, Elliot waves are good to explain past market movements but they are not as good in predicting future market direction.
A Promising Start (by Springheel Jack)
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Yesterday's bearish engulfing candlestick was on SPY daily chart was a refreshing change of pace. SPY gives a much more accurate picture of opening and closi...
Guesstimates on March 1
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*March S&P E-mini Futures: *Today's day session range estimate is
1358-1370. The rally from the November 25 low has carried the market up to
its May 2011...
GOLD Analysis - Multiple time frames
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*GOLD DAILY CHART*
*GOLD FOUR HOUR CHART*
- A bearish weekly close may take gold towards 50 Week SMA.
- Daily chart closing today below 200 SMA will ...
A Promising Start
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Yesterday's bearish engulfing candlestick was on SPY daily chart was a
refreshing change of pace. SPY gives a much more accurate picture of
opening and clo...
WILL IT EVER CORRECT?
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That seems to be the question that everyone has been asking themselves for
two months now. Analysts have been trying to pick a top in this market for
weeks...
Market Timing Update (3/1/12)
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*[7am] ES update - *
ES regained near term support at the black trend line (Chart 1), is poised
to kiss the red trend line. There's potential for the reboun...
02/29/2012 Portfolio Update
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DGP stopped out flat AGAIN.
The system will try to short gold tomorrow. Set DZZ buy stop at $4.55, stop
loss around $4.24, for about 1590 shares. The GL...
Curious case of homebuilders (XHB)
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*Hamlet:*
What a piece of work is a man, how noble in reason, how
infinite in faculties, in form and moving how express and
admirable, in action how lik...
Wednesday 2/29/12 Market Update
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There is no change to the count from yesterday's update.
The market has traced out a zigzag-like wave following the low on Monday.
An ending diagonal may ...
I sense a disturbance in the force
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I’ve been absent, with nothing to say. The slow motion melt-up of the last
few weeks has reminded me of times a few years ago when I succumbed to
stupid tr...
2/29/12 - EOD Update [5:22 PM Update]
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*[5:22 PM Update]*
ES At the lower end of the channel. What will she do?
*EOD Update*
In yesterday's post, I was looking for one last push to the 1375-...
wednesday update
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SHORT TERM: new high then pullback, DOW -53 Overnight the Asian markets
were mostly higher: +0.4%. European markets opened lower, rallied after
LTRO 2 tran...
Taking A Back Seat
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It’s amazing how easy the market has been to game on the long side this
year. It’s only fitting that we have a little bit of panic on leap day, a
day that ...
2/29 Stock Market Video
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*Please make a donation today!*
*Good-Bye Davy Jones, R.I.P.*
*Investors May Use Europe's Next Stimulus as a Sign to Sell*
*GDP: Economy grew faste...
A Look at 4-year Cycles
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As I have stated many times, my *Trend System* does not issue signals on a
strict time relationship. (See this post for more details: *Dec 8 - Daily
Cycles...
HPQ, get new price channel here!
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TweetLikeTweetWeb Counter HPQ beat street by 6 cent.
http://articles.marketwatch.com/2012-02-23/markets/31089934_1_h-p-shares-leo-apotheker-expectations
Tr...
EURUSD Daily Market Thought 26022012
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This is one of the chart we update to members this weekend.
If you non-member check conditions
http://followmarketrend.blogspot.com/p/members.html
Click to ...
Banks, Gas in Cash; SPX Rally Done?
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Three signals take effect on Monday's open of trading in my COTs Timer
trading strategy: cash for the *BKX U.S. Bank Index* and *natural gas*, and
bearish ...
GLD, SLV - February 22, 2012
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SLV has been outperforming both GLD and S&P.That is Good and must
continueGLD must start outperforming S&PMy reasoning is simple. I want to
play outperform...
OpEx and Index Highs
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The expected (see OpEx Week and Multi-Month High) short-term pullback took
two days only, and the SPY (S&P 500 SPDR) closed out February’s option
expiratio...
A $SPY On the Floor Which Chose to Soar
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Back in August of 2011 I put up a quick post on SPY writing about a
possible bottom, since then the market has managed to work its way higher.
Even though...
Automated System
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Well, after nearly 2 years of working on it, it is finally here. I have
launched my automated system for the NinjaTrader platform. You can find it
at trade...
Subscription Policy
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Welcome to all subscribers and would be subscribers. You have two
subscription options a single month trial for $100, or a quarterly
subscription for $250/...
You Are Part Of The Herd
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I have a philosophy about life that everyone I meet has something to teach
me. From the panhandler to the successful entrepreneur it doesn't matter -
I kno...
Additional ...
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To complete the previous post, it may be a good idea to show the reasoning
behind our exit around 1200.
The following is my projection from August 12, 20...
EWI’s secret count
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Last week Steven Hochberg, of EWI, removed labels from his Short Term
Update (STU) because…. well because… His Elliott Wave Analysis has not been
working s...
Wave (c) Down
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Today’s late-afternoon decline indicates that wave (c) down has begun.
Minor 4 is unfolding as either an expanded flat or triangle, which we will
be able t...
ALERT!!!
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I have a new blog site up. This new blog site is better than this one.
Click on the following link to access it, www.dailymarketaction.weebly.com.
There are...
Another Crazy OPX Friday TGIF
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Well all I can say is this hs been one crazy week! I am so glad it’s Friday
I can’t even tell you…..:-) I am going to make this short and sweet, as I
expec...
ANOTHER CONFIRMATION MET
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This morning the miners met one more confirmation that needed to happen.
The point and figure chart has now turned bullish.
That's just one more tally tha...
SPX -FOREX
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First off I have been playing FOREX EUR/USD reason why I haven't posted
much about the SPX... So I would like to give a quick update on the SPX and
then an...
Kickoff! – Nov. 19
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Minute Degree Tops are usually Structures; bottoms are usually Spikes. A
Top in process will take days to form and can seem to take forever for a
Swing Tra...
Welcome to MarketTimingCycles.com
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Welcome to MarketTimingCycles.com blog space. MarketTimingCycles.com is a
publisher and publishes analyses and reports providing information on
selected se...