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 16, 2011

Pitchfork voodoo

Starting with the SPY off of the March '09 lows and including the most dramatic swing high and low:
A little closer up with sliding parallel lines included:

Throw in the most recent seed wave which started the recent drifting rally.  The drift appears to be yawning ever so slightly:

A look at the Dollar index monthly chart:
Spanning the past 20-years, price has bounced twice from the Lower Median Line area but keeps working its way down.

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