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, September 19, 2012

Wed. 9_19

The SPY with NYSE TICK.  Divergences (or reverse div.'s) corresponding with areas of interest (o/n_high, o/s_low, etc.).

A key for the above chart to define the horizontal lines and dots.  For further explanation, see this link:

Advance/Decline and Up/Down_volume, mostly bullish today.  Worth noting how breadth retained the zero-line while price on the SPY retained the o/s_low

The 15min with 5-min showing a 1b-1a bullish continuation criteria and a 2b short setup into the close.

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