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.

Sunday, August 26, 2012


An update on this weekly chart of the SPY.  Some hesitation (high wave candlestick) going into that resistance zone overhead.  Above $143 has a lot of clear air until the next supply level around $147.  Next week is shortened (Labor Day) so it's possible we get a move that sets up next week's action but also leaves Friday's trade as consolidative in nature.

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