Technical Trades
Technical Analysis applied to Stocks and Futures.

Statistically, after 2 negative weeks, the system is due to deliver a couple of bullishly booming momo stocks. Want to check out the new list for the New Year? Click YES, I WANT THAT MOMO LIST FOR FREE

AAPL bullish; correct +5.8%.
HL bullish; correct +3.5%.
NXG bullish; correct +2.35%.
RIMM short; correct +1.68%.
RGLD bullish; correct +1.3%.
IMCL short; correct +.52%.
EBAY short; correct +.3%.
EFA bullish; flat
GRS bullish; flat.
OLN short; incorrect -.73%.
RNO bullish; incorrect -1.2%.
Average gain +1.17%
All of the above were stocks mentioned this past week, with accompanying technical charts.

Assuming 255 trading days per year and this month’s futures performance stats, the new Vector system has a yearly earning potential of over $108,000 per year, trading 5 contracts per setup. Not bad at all dudes!!! Vector shines Gold
The details for the month of December:
Net +$5960 from 14 trading days […]

Lackluster futures performance this week.
Today: Net +$1085. +230 gross points from 3 setups. 2 winners, 1 loser. Probability 66.6%. Average winner 120, average loser 10. W/L=12.
Yesterday: Net +$400 from 6 setups, 2 winners, 4 losers, probability = 33.3%, average winner = 83 points, average loser = 15, W/L = […]

Futher to THIS POST you can see the power of Fuzzy C support! It’s approaching Fuzzy C resistance now, so taking profits is as wise as drinking plenty of water on New Years eve! If you click on that last link, you’ll see that Lindzon says “Book it Danno!” Great advise considering […]

AKAM is in the ‘c’. What does this mean? Well look at the other c’s in the chart and there’s your answer.
Yes, in my humble view, it’s ‘buy time’ between today’s close of $53.12 and say $50.00.
Now with a ‘c’ corrective you want to be buying either in anticipation of the […]

Simple pattern; will the result be as simple?
The other simple pattern I’ve detected is the hourly Fuzzy C that I posted yesterday. The bullish 1 impulse today failed, and price then fell out of a weak 3 up, broke the C, and price now selling impulsively from the 12570 Fuzzy C resistance. […]

Price has completed a daily 5th up now. Time to take the +40% and step aside to watch for a while. What a fabulous result in only 9.5 trading days! Original MFW post here.

EDIT on Jan 21: I left 23% on the table!

10-min broadening pattern; one can use it to formulate a bearish target. So trading the break of Fuzzy C support outlined in the earlier post today, one can short 12570 with a stop over intraday high, risking 25 points, to target 70 points for r/r of 2.8. Personally, I shorted 12576 today and […]

Alternate count shows today’s crucial support area as 12571 (Fuzzy C). This is with all-sessions data.

The regular hours data shows price to be creating the Fuzzy C down now.

Aggressively bought a bunch of EFA today. 1.5% risk to target 5 bullish impulses.

Here’s the hourly fuzzy, dudes! And it’s got some very useful stuff in it.
This is a classic example of the market doing what it wants to do, despite the TA, despite a count, despite a Vector bias, despite it all ….. it busts the resistances impulsively and it doesn’t matter if the volume is […]

Triangle targets X extension!

Here is the chart from September:

Below is the chart today, over 1,000 bullish points later. Proof that impulsive behavior can sustain itself for long periods of what some might describe as ‘overbought’. The trend is your friend, and support is support until it isn’t. Simple stuff. Exploit it!.
Note my quote […]

Not going to trade it, but the chart highlights the C support.

The stats: 1 winner from 3 today. Probability 33% and poor on a relative basis. -120 points. Average winner 35. Average loser 77.5. W/L 0.45 and the equity curve isn’t so bad on a relative basis. Net for the day is -$665 and disappointing from profits and Vector bias standpoint. Vector wasn’t correct and didn’t […]

Count favors the short side currently. I note the recent quadruple top on this hourly chart too.
Intraday price has drifted up to that small red fuzzy c resistance area. At this level the r/r favors a swing short to target 12350 price support with a stop above the green c.

Moved SPPI and OMCL stops to breakeven. Will be closing the AWX short for -1.8% and the JNJ long out for -4%. Will be adding to OLN short at next open.

OLN technicals today: