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.

Friday, February 12, 2010

Dow 10k....again

It's a choppy pivot area...remember October?
Price rallied off of this level 5-times before selling off, only to charge at it again two weeks later, crashing through it like a freight train!
So far, 10k has acted as resistance once and rallied off the level on 3 occasions in as many days.

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