Technical Trades
Technical Analysis applied to Stocks and Futures.

Just a few thoughts on what I’m expecting while the pattern holds. Stock may suffer the effects in the months ahead.

SHS and fuzzy EW count support a long bias.

Further to previous posts on ELN, and the fuzzy long-term count here, this area on the daily is a place to be stalking for an intraday pattern with good risk/reward to enter for the bullish ‘b’ up trade.

Major break down here folks. And I warn that if you hold longs, now is the time to go flat or hedge or short. While price remains under C the market is vulnerable. That said, expect the impulse 2 up to test daily C resistance now. Vector bias still bullish […]

Well well well. Look at that will ya. All from a little Island Reversal Whodathunkit! The inverted SHS on the daily targets $9.48. Today’s band and channel action is very bullish as it pushes the envelope in a 3 impulsive up. Look for the 4 down to […]

Further to this and this recently, it looks set to drop for the 4. I suspect this one is headed to $41.00.

Bearish bias

Will it turn into a splatter zone?

Archives of previous posts can be found HERE