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
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Thursday, January 9, 2014

thu. 01_09

An hour before tomorrow's open is the Employment report, which may give us the needed jolt to move this market SOMEWHERE, as we've done nothing but go sideways all year so far.
The SPY may have had a trigger entry, but being that both the daily and hourly have a fast line less than the slow line it's a bit more risky.  The previous long trigger amounted to nothing (a scratch).

Similar situation with IWM.  The fast line (hourly) has turned positive, but is still under the slow line and lacking momentum

QQQ had a better performing week (technically speaking) and it seems the reverse divergence on the daily has already played itself out.  Would be waiting on the hourly to turn positive and/or see a fast line/slow line crossover

DIA - within a channel/flag and looks like it could go either way.

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