Tag Archives: SPY

SPY End Of Quarter Markup

Posted on June 29, 2011 by davidw

Should we be so fortunate as to have price bid up again Wednesday on declining volume, we’re looking at a premium short setup. Idea is entry above $130 with a stop in excess of $132. Watch for fear to come … Continue reading →

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Countertrend Rally Underway

Posted on June 9, 2011 by davidw

The bounce has begun, with S&P futures rallying overnight, presently up about 7pts. Here is a look at the falling wedge setup going into Thursday’s session (SPY 15min) : click to supersize This guy laid it out nicely – Zortrades.com … Continue reading →

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SPY Island Reversal

Posted on April 13, 2011 by davidw

Bears in charge unless and until SPY can regain $132 level. —————— ———————–

Posted in watchlist | Tagged AB, APFC, cald, CPWM, DDS, SPY, WCBO | Leave a comment

SPY Double Top

Posted on April 10, 2011 by davidw

Have to entertain the possibility of a double top up here. Note how ADX has been in decline during this corrective wave (and even prior to the top in February). Thus, we can label this move as non-directional, a notion … Continue reading →