Friday, April 9, 2010

Bollinger Bands...

The original post was too long a video for YouTube. Sorry! Anyway, big day today. Let's see what conviction the bulls have and if the Bears are ready to raid! Here is clip 1 dealing with Bollinger Bands.



Clip 2 on todays actiion (give the videos time to process on YouTube)

Thursday, April 8, 2010

The Stochastic Indicator...

I noticed an entry on Tim Knight's SlopeofHope blog that the market is broke. I happen to agree. The post analyzes the weekly chart for the RUT and points out how the stochastic signal failed for the first time. I though this would be a good time to check out the stochs on the SPX.

Wednesday, April 7, 2010

It is about to crack...

Get ready for the a serious wave of selling.