5.31.2009

Q's Chart



This is a scenario that might play itself out... not much resistance until 42..

tb

5.28.2009

XLE Chart...

Could this be yet another fake out, or a break out in the making?



tb

5.21.2009

VIX charts n' more...









Ive been following the VIX for a while now, waiting for the pop... Expect a ton a volatility when it moves above 35..

SRS is still holding on... I see much more upside than down side.. if price falls under $20, consider it a huge buying opportunity..

BIDU is nearing the end of the move from $100... better to think of shorting this now..

GS is right at the trend line...assume its a short until the market says otherwise..

tb

5.20.2009

Commodities running....









Even though I have been making a case for a VIX that is falling back to complacent levels, and a healthy pullback is around the corner, the commodities are moving higher...a falling dollar helps this cause too...

tb

5.17.2009

Daily vs Weekly Charting...

I was taking a look at Ford's stock and wanted to show the difference between daily and weekly charting...

You can see the daily chart gives very few clues on when to take profits..



The weekly chart gives clear signals when to take profits...



the 200 weekly moving average is a perfect selling point, along with the trendline of the MACD Histogram..

tb

5.15.2009

"SOS" for SRS...



I really like this chart pattern...

falling price, rising MACD...perfect setup...

can you see it?

tb

5.14.2009

Chart request...$TSX

So, as a way for me to get fresh ideas, I asked you for any specific chartsof interest...



So, here you go...My analysis of the Toronto Stock Exchange...

tb

5.13.2009

There is no "i" in QID...er, or is it team?



She's got 10 pts of room to run still...

tb

PS- send me an email if there is a chart you would like to see analysis on...

5.09.2009

VIX is closing in on support...



A turtle is crossing the road when he’s mugged by two snails. When the police show up, they ask him what happened. The shaken turtle replies, "I don’t know. It all happened so fast."

tb

5.08.2009

5.07.2009

Cheap insurance...FAZ

I have a hunch the financials are going to pullback before options expire next friday.. So, I am getting some FAZ $7.5 calls for May... they are only .20..

tb

PS- short term traders in ENER have to love the action this morning.. someone asked me when they should buy back in.. I mentioned there were 2 gaps, one at 17 and one at 16.. Well, ENER, on no news this morning, has filled the gap at $16, and is now trading around $16.90 and looking for more..

5.06.2009

5.05.2009

UNG chart...



This chart has all the technical signs of a bottom...

tb

5.03.2009

Trading on the right side of the market...

...it makes you feel like you can fly...



Just stay disciplined, and don't let your guard down...

tb