How to view the entire chart:
1. Try clicking on the name of the most recent article in the column on the right. This will remove the "Archives" list.
2. Try right click on the chart itself and open it on a separate window.
I am sorry that I cannot always make the chart small enough to fit neatly on the left column. I want you to be able to see the details I want to point out.
I Hope this helps,
Juan
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This morning, the S&P is showing weakness once again. The oscillators (stochastics and MACD) have given sell signals in the 60 min chart. Although the daily chart is still bullish, I want to hedge my positions further, in case the stock market declines from here. The rally of the last 3 days has not exceeded the 60% mark from the highs of 6/2 to the lows of 6/14.

Here is the confirmation of by bear put spread.

1 comment:
I have exited my trade at a slight loss, as the oscillator have given me a buy signal. I feel that I had to hedge against another strong drop in the S&P500, so I don't lament the loss. My other trades are doing quite well and actually benefiting from the bounce that seems to be getting stronger today.
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