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NQ 60 minute support and resistance
June 1st, 2011 We have had the 2370 as the NQ resistance for the last four days. Yesterday the NQ went to 2375 and we are now getting a sell off. It is going to be important to the bigger structure of...
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NQ bigger Outlook
June 1st, 2011 Looking at the NQ Monthly chart we have been watching the 2601 level as our first level where we would look for a potential major top. That level is only the first level there is also...
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BIDU 140 calls .71
June 2, 2011 If you played the BIDU weekly 140 calls the entry was .40 cents. As of the close today the calls are at .71 cents that is good for a 77% gain. We were looking for BIDU to be at $142 by...
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$INDU Update
June 4th, 2011 When the market makes a dive like it did this week it is easy to get caught up with the hype of CNBC and FOX news meaning; on tv all they want to talk about is either how good it is or...
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AAPL going into bigger support
June 6,2011 AAPL did not trigger long but we would not be jumping on short here. The .618 support off the last wave is $338.10 and we also have support on the NQ at 2277. Of course these supports can...
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Fib Timing Update
June 13, 2011 On June 5th and 9th we did a update looking at the NQ noting how the fib time would be something to watch. We were saying how from the 5/2 high to the 6/1 high could be the .618 or the...
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Top or Not?
June 15, 2011 So is this the top or not? Everyone is saying it is but if we look at the 60 minute chart on the TF you can see this move down is still contained in what we call “normal market...
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$INDU Daily Chart
June 18, 2011 It is always important to take the time to look at the bigger charts even if you are only a scalping the market. All of the smaller time frames are trading inside the bigger time frames...
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ISRG Calls
June 20, 2011 Friday we had our buy signal on ISRG and today ISRG is up +8.50 so far on the day. We are looking for a move to the $395.00 area. The July 360 calls opened at $4.50 and our currently at...
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CL Update + Scalper
June 21, 2011 From our last CL update we were looking for a potential buy near the $100.00 level. Our last long signal was $99.60 and there was a +3.36 move after that signal. If the CL would have...
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CMG, ISRG, AMZN, DECK, FFIV Calls
June 23, 2011 If you played ISRG you might have been stopped even depending on where you entered the calls. We are still looking for ISRG to make a move to the $395 level so there are two levels to...
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Watching BTU for calls
June 25,2011 Going into next week we are watching BTU for calls. BTU is sitting at support and we have potentially completed the correction which means the impulsive wave will kick back in. On a...
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SLV & GLD Update
June 26, 2011 We noted SLV and GLD last week. We were waiting for a green candle on SLV and GLD had yellow bars meaning a big move was coming. SLV did fire off long and then we got stopped on the last...
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NQ Outlook + BTU
June 28, 2011 Over the last few weeks we were saying that coming into the 2200 low that the low was most likely going to be support based off the pattern. We did have a hard move down to that low but...
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Remember the 13th bar low?
July 1, 2011 We did a post on June 17th titled “Monday is the 13th bar”. We were saying how on June 20th we had a timing for a low and to watch that day for a low to be put in. With timing it can be...
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+$5,850 on CL -1st Target-
July 7, 2011 On June 29th we did a post saying if CL took out the $92.15 high we would look for a move up to the $98.00 level which was hit today for a gain so far of $5,850 per contract. We do have a...
View ArticleWatch Support Symmetry
August 3,2011 It is important to look back and see support and resistance. Right now all the indexes have completed down into symmetry. A break of the high of today would trigger back bullish as far...
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GLD Stopped + 17.50 , GS Move Stop
Friday GLD was stopped at $169.50 for a +17.50 gain. GS was up +4.14 on Friday so lets move our stop up to $116.00 to lock in +24.00 points. We are still looking for the $124- $125 level on GS to...
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