Technical Trades
Technical Analysis applied to Stocks and Futures.

Archive for August, 2006

EFA bullish flag

Monday, August 14th, 2006

Bull flag with volume by price to support, as well as green money flow. Expecting bullish breakout. Stop on bias under 64.00.

Chart index page

Monday, August 14th, 2006

I invite all readers to check out the new ‘Chart Index‘ page where I’m listing links to the multiple long-term charts I always check when allocating bias to a stock chart.
There may be some gems on there worth considering, plus you’ll be getting a peak into my regular ‘routine’ when I chart. […]

CD Burnt Toast?

Monday, August 14th, 2006

Very bearish Bollinger Band action on the daily, the weekly, and the monthly. Parabolic trends are also bearish across the board. Headed to zero?
Please see charts at:
http://technicaltrades.net/bollingerbands&psar/cd.html

STX for billyjoe

Saturday, August 12th, 2006

Per “Chat with Spike” tool:

12 Aug 06, 10:24
billyjoe: Spike, I’m looking for a stock in this week’s POTW contest and am torn between shorting STX which has been down the last 2 weeks 8.55% and 9.02% or going long on ERTS which is showing some life.

After spending a good hour analysing these charts from all […]

OMM for Sean.

Friday, August 11th, 2006

As per live chat;
10 Aug 06, 19:28
Sean: What’s your thoughts on OMM?
OMM clearly bullish Sean. The daily chart calls for the abc correctives now, after that upper profit-taking tag. The weekly shows bullish ‘booming’ channel action late in ‘05. Price then began a long symmetrical pattern for 18 months, which it broke […]

+22% profit; Bull vs Bear EFA vs PARL

Friday, August 11th, 2006

PARL is getting dumped from the close last night…currently $5.00 and falling. Our Bull vs Bear Portfolio is benefiting nicely as the average rockets to +21%…..hold on….make that 22%. EFA has remained very strong against a very weak PARL, and one would consider taking profits on this kind of move. Weekly band […]

Futures this afternoon.

Thursday, August 10th, 2006

Currently long Dow futures 11126 with break even stop now, as per chart. This Vector signal (scalp long that I’m allowing to run as a swing) was provided real-time today in both the Cbox on the futures page and sent out via email alert. If you’d like to receive Vector signals free for […]

Futures and market direction

Thursday, August 10th, 2006

Chart says it all.

OLN short update.

Wednesday, August 9th, 2006

Gettin’ pretty. Entry here.

Bull vs Bear EFA vs PARL

Wednesday, August 9th, 2006

Update:
Looking good! Say no more.

Crude Oil (light) Futures

Wednesday, August 9th, 2006

Further to chart yesterday, the ‘c’ anticipatory entry area was OK and it’s holding thus far.

Market direction. YM chart. Caution longs!

Wednesday, August 9th, 2006

Crude Oil (light) Futures

Tuesday, August 8th, 2006

Very bullish action on this 15-min chart. Today’s action takes out the island reversal pattern after the C are failed for an hour or so. Impressively bullish reaction to that.

The daily count is also favorable. Clearly impulsive in nature and in a small fuzzy 3 up currently.