The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at
I am always open to questions, comments, or suggestions on how to improve this blog.

Wednesday, February 11, 2009


The longer term trendline held today with a spark of buying initiated off of it later in the day (though not enough to bring it beyond intra-day resistance/highs). The 5-minute charts left us with an inverted Head & Shoulder type pattern, giving a break of the neckline target (in SPY) a measured move up around $85.60 in the very short term.

No comments: