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.

Thursday, May 8, 2014

thu 05_08

Just not much going on in the market indexes.  Very range bound.
SPY - hit secondary target to the penny

 DIA - reached primary target

 IWM - still breaking lower

QQQ - messy

XLF - coiling

 IYT - does it stay above $137 and base under $139?

No comments: