Technical Trades
Technical Analysis applied to Stocks and Futures.

Bullish.

On the shopping list for Monday.

A Fuzzy C is the third corrective to 5 impulsive waves. One can use a Fuzzy C as the defining pivot point for technical bias in a chart. If price is above a Fuzzy C the bias is bullish. If price is below a Fuzzy C the bias is bearish. The […]

Stats for today: 5 setups today. +104 points gross. +$450 net. 1 winner; 2 losers, 2 pushes. Probability 20%. Average winner 132. Average loser 7. W/L = 18.85. Despite the low probability, the equity curve is NICE!
All readers are invited to the free Trading Room to see the real-time calls.

The most significant event today was that Daily Vector flipped to bullish at close. So now daily Vector aligns with the bullish TA in the INDU daily chart, and I am therefore changing my call from bearish to bullish, looking for impulse 3 up, and accompanying rally in the broader market. Should the […]

“Copart …. It’s just not sexy …. you need it but you just don’t want to see it”, says Lindsay from Wallstrip.
But Copart is making sparks in the industry …

… and making money hand over fist apparently….
The technicals …

Current positions favored.

Well folks I’ve tried displaying all posts on one page at this site, and it’s just not working…….too slow to load the page and the sidebar, traffic is lower, and adsense revenue is worse. I’m going back to displaying just 7 days worth of content and yall can click the “previous entries” button at […]

It’s either gonna be 3rd impulse up, or Fuzzy C failure. Volatile either way.

Too light for most, but I’ll mention it for those who don’t mind. This one is more about the TA as an example. Simple stuff really; double top on the daily, lower lows, lower highs, rolling over. Target $5.00 support. Stop on bias $7.27. Risk .32 to make […]