Monday, May 30, 2011

Weekly TZA





Weekly HA is consolidating. TZA has yet to get out of Stage 1 Consolidation. Still below the cloud with bearish TZA MA alignment & TZA Aroon Oscillator. The weekly TZA MACD Histogram has recently been bullish. It's still a Bull Market for the RUT, although short term the RUT can be bearish.

Monday, May 23, 2011

TZA a Buy on Daily 3LB & MTI


Consolidation of Shorts





Absolute CCI <100 with declining closely parallel Aroon lines...

Tuesday, May 17, 2011

Monthly SLV Chart Still Bullish



The TSI & RSQR rolled over this past month, but the AO is still green. The price may dip further below the 138 Day (~30 week) MA to go into Stage 4 (followed by Stage 1 consolidation), before silver prices resume their rise.

Monday, May 16, 2011

TMF



Excellent Book


He uses mechanical screens to identify stocks for day trading. I usually then use the 1 min, 4 min & 13 min charts to initiate a buy and have a low threshold to take profits...

SQQQ





Sunday, May 15, 2011

Friday, May 13, 2011

UGL, AGQ, JJC, UCO, UUP & TNA Weekly Heikin Ashi Charts




The Dollar went Bullish. Copper, Silver & Oil remained in a bearish trend. The RUT & Gold continued to consolidate, but had bearish leanings.

Thursday, May 12, 2011

SHORTS FOR TODAY


LHB ERY EDZ TZA BZQ JPX RXD ZSL SCO CMD FCGS DUST SMN RXD

Tuesday, May 10, 2011

PAY




PAY(3.37%,FI,ATR)

Monday, May 9, 2011

Saturday, May 7, 2011

3LB for Healthcare Stocks











1st Generation Hepatitis C Protease Inhibitors: VRTX, MRK;
2nd Generation Hepatitis C Protease Inhibitors: ACHN,GILD, BMY, RHHBY, MVRBF;
Hepatitis C Polymerase Inhibitors: VRUS, ANDS, IDIX

Friday, May 6, 2011

UGL, AGQ, JJC, UCO, UUP & TNA Weekly Heikin Ashi Charts



UGL, AGQ, JJC, UCO, UUP & TNA Equivolume Charts







Gold may be bouncing off the lower EMA envelope. Aroon remains bullish (green line on top).
Silver is above the 138 Day MA (~ 30 week MA): the large green rectangular day may signify the bottom.
Copper is bearish [it broke down through the 138 Day MA (~ 30 week MA)]: the large red square day may signify the bottom...an island reversal may form. The Aroon has been bearish (red line on top).
Oil is also bearish. No equivolume evidence of a bottom (unless it is also forming an island reversal).
The US Dollar remains bearish despite a couple of up days. The Aroon has been bearish (red line on top).
TNA may be bouncing off the lower EMA envelope.