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.

Friday, August 1, 2014

Thu 07_31

SPY - break away gap after symmetrical cycle consolidation

DIA - back to the start of 2014


IWM - three pushes to a low?


IYT - reverse divergence building, should have a strong bounce

NYSE 52-week High/Low differential.  Most recent negative readings resulted in a bounce, otherwise it has  often marked steeper corrections.

McClellan oscillator lowest in quite some time

No comments: