Replies to post #39463 on 20% SHARP SHOOTERS - CHART TIMING

[max2205]

SPX wkly in reply...things will get wild around 1145 - 1155 on the SPX

[max2205]

Check the SPX weekly in reply...I don't know which way she's gonna go but it should be exciting next week or at the close today

[max2205]

Spx breaks below the 4 wk ema today. In reply

[max2205]

Spx weekly close below 10 wk ema. 4 wk ema close to cross of 10 wk ema now

[max2205]

SPX wkly in reply... price now above the 4 and 10 wk ema, but 4 still below the 10 wk ema. a quick ramp to new highs might be a pretty good bull trap, or we reverse this weeks rally and head lower to 1050 or worse.... thoughts?

Trend traders try to stay long when price is over the 4 and out or short below the 4. today we may have had some covering and going long.

Oil and XLE snapped back sharply this week. TLT is near a downtrend line. UAUA and LCC are tradable as swings. watching ENT, AONE BZH VICL MTSN and ENTG

SOLR pops AH on ER big move and triggered at 6.50

[max2205]

SPX wkly in reply...touched 1044 the 40 wk ema today...7 point bounce so far....

[max2205]

SPX 4 wk ema at 1080 now.....if it turns it'd be around there..in reply

UAUA LCC CBAK ERX ENT PKX AGU FCEL MEE MOS ACM up over 5% on my small watch list

[max2205]

SPX closes above the 10 wk and 4 wk ema

[max2205]

FYI the SPX weekly in reply: 4 wk ema trying to cross up trough the 10 wk ema. Whipsaw. If it fails watch out

[max2205]

Opps there it is... Giant run or headfake here on the SPX weekly. In reply

[max2205]

SPX weekly testing the 10 week EMA....in reply

[max2205]

SPX Weekly...H&S if we turn here...in reply. on the daily we have 1150 as res and rsi should be up enough there to cherry pick some $xxx shorts (think PCLN BIDU APPL CRM ect) and 3X shorts

[max2205]

If yur long keep the weekly in mind. In reply. Double top with high RSI. N

Also this as FYI. http://dshort.com/charts/Chris-Kimble-Chart.html?index-four-pack-101105

[max2205]

SPX at 4 wk ema now...do or die here...in reply

[max2205]

spx weekly in reply. below 4 wk ema and 1298 is the 10 wk ema...just some ema support areas. rsi will give a market sell if we close around here 1,311 ish

[max2205]

SPW wkly just under 10 Wk EMA...look at the RSI reversal

chart in reply

[max2205]

Depending on the reaction to Japan, SPX price should see support at 1240 ish but I need to short rips up until the RSI reaches 50. A break of 50 would confirm another bear run (20%) to the SPX 1180 area. Check back then.

A run to new highs ~ 1347 means we need to have RSI confirmation. Unlikely if it goes to 1347 in the next 7 days or so. And could be an ideal short barring Bens manipulation.

Definitely a great chance to trade the 60'min chart on low RSI buys and high RSI sell triggers.

Stay on your toes

Chart in reply

[max2205]

SPX weekly...above the 10 wk and at the 4 wk ema...in reply

[max2205]

SPX near 4 week ema...chart in reply

buying when it breaks above it has worked...selling below it

[max2205]

focus on anybreak above 1314 to pivot off of SPX weekly in reply

[max2205]

SPX closed below the 4 week ema today. Chart in reply

[max2205]

SPX weekly we are below the 4 wk ema on the close but above the 10 week.

The 4 wk ema is now moving down and threatens to cross down through the 10 wk

On the daily 13 34 is close to each other but not crossed

Chart in reply also in stickys

[max2205]

Pending a big reversal up today. the SPX daily has given a rsi sell and the rsi should run down to 30 ish. I have no idea what price level that would equate to but if Ben doesn't support the market it could run down to 1,100 over the next month

weekly in reply

[max2205]

edit 2 SPX weekly in reply...Oversold on 60 min basis , but odds good the market tanks for a buying opportunity

[max2205]

SPX weekly in reply 1330 is the 10 wk ema....right there now

[max2205]

SPX below the 4 and 10 week ema again...chart in reply

[max2205]

SPW Weekly..near 40 wk ema AND trend line...chart in reply

[max2205]

SPX weekly sitting on the 40 ema and the uptrend support line

Chart in reply

[max2205]

SPX weekly in reply...see the bounce off of trendline support...lets hope it doesn't reverse