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, June 12, 2014

thu 6_12

SPY - daily 20- & 50-MA's are bullish, but the FL is now < SL so there could be a 1b-1a move but it will take the hourly a bit of time to rearrange bullish for a entry on that anticipation.

DIA -still riding the trend, same story as SPY

QQQ - stretched

IWM - will be most curious to see how well this holds onto recent momentum

XLF - bullish corrective

IYT - still bullish, but seeing that 2c criteria (daily) and the fact that the FL & SL are so far apart it seems like it will take a while before this re-orients bullish.

ES 4h

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