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Topic: Stock Market Technical Analysis

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ShankyS
ShankyS posted a blog entry
Morning Post
E-minis set new high last night to catch up with everyone else. The RUT finally caught up with everyone else in new high land....
 
ShankyS
ShankyS posted a blog entry
The $DXY Channel
Nuff said.EUR/USD - the corresponding falling wedge to the dollar's rise. That yellow line at $1.41 is the 38% retracement of...
 
ShankyS
ShankyS posted a blog entry
Morning Post
The Comcastic ones spin GDP and the PPT puts on the breaks. This is just nuts. The gubment did not spend enough to get the GDP...
 
ShankyS
ShankyS posted a blog entry
Gold Futures And The Channel
Expect consolidation at the green and yellow support lines. I may be a buyer at the yellow line near 1066. The 38% retracement...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Christmas week and with me skiing in Colorado next week there is no telling what you will get from me between now and the end...
 
ShankyS
ShankyS posted a blog entry
The Dollar and The SPX
Rorschach Failed post (revisited)If the SPX lets go like it should ......
 
ShankyS
ShankyS posted a blog entry
Morning Post
Opex anyone? Well, thank goodness I got to go another day without having to adjust the upper fibs on a whole bunch of charts....
 
ShankyS
ShankyS posted a blog entry
Violated AGAIN?
Getting violated is bad enough, even if it happens once. How would you feel if you got violated four times? Well, most of you...
 
ShankyS
ShankyS posted a blog entry
UNG Popping
Tough call on UNG here. I was obviously wrong on my read this am that "Natgas is topping I think - It is at resistance at...
 
ShankyS
ShankyS posted a blog entry
Morning Post
And the jobs report says - worse, and not surprisingly CNBS is struggling to find a positive angle on the subject. Why not...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Fed day today. Ya think they are gonna surprise and raise rates? I doubt it. With 1mo treasuries yielding zero and the equity...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Good morning!SPX 15m -  The boom, boom, boom chart from Sunday. Fib targets, supprt and resistance, the gap and the fibs...
 
ShankyS
ShankyS posted a blog entry
Morning Post
I hope you had a good weekend. 11 days to Christmas. More importantly 17 till 2010 where I believe the action begins. Dubai...
 
ShankyS
ShankyS posted a blog entry
USD/SPX Warshack Image Failed!
I guess the computer program working on the worlds longest Warshack image for the Guiness Book Of World Records got a virus...
 
ShankyS
ShankyS posted a blog entry
Black Gold, Texas Tea - (Oil That Is)
I thought I would sling out a $WTIC chart of light sweet crude for you to see. Why? I think it could be nearing a turning point...
 
ShankyS
ShankyS posted a blog entry
Natural gas surges after EIA inventories data (A UNG Post)
Natural gas surges after EIA inventories data so says MarketWatch. Inventories fall significantly. OK, question time, what...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Another day in paradise! Leave it to ZH to bring up the obvious and thank them for allowing us to be able to see the forest. In...
 
ShankyS
ShankyS posted a blog entry
EUR/USD Breakdown (In Pictures!)
Long term - the pink channel starts off of the low in 2001. Pay close attention to that lower channel line and how it works...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Running a little late so it has to be a quickie.SPX 60m - See the red TL? Break that with some conviction and set a lower low...
 
ShankyS
ShankyS posted a blog entry
$DJUSFN
The financial index. What some of you that are looking for a top might not realize is that one of the leading sectors might...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Boy MW looks like shit. WTF was she doing last night? Sorry I was not there. Her best point, "The component parts do not add...
 
ShankyS
ShankyS posted a blog entry
Look At The Daily SPX And All That Support
Here is the glaring thing that stands out to me and says something has got to give very soon. The Bollinger band width and the...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Gold is getting pummeled and the dollar has broken out and the minis are flat for the most part. The MOST IMPORTANT thing this...
 
ShankyS
ShankyS posted a blog entry
The Trends And The E-minis
Just a simple post with two simple charts. It does not take much to explain where we are right now. For you seasoned folks this...
 
ShankyS
ShankyS posted a blog entry
Check Gold Out
60m /GC Gold Futures - Just an interesting spot. Based on the daily indicators just getting started breaking down, Looks like...
 
ShankyS
ShankyS posted a blog entry
Looking At The BB's And The SPX
Overbought? Who cares. We're having a party dude. ROCK ON DUDE!Just thought I would throw this out there as a caution signal...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Nice 10pt spike in the minis in one minute. Let's see what it does from here. The dollar spiked as well. Gold tried to spike...
 
ShankyS
ShankyS posted a blog entry
Morning Post
No comment on the jobs report or the way CNBS covers it. Markets remain at the top end of their trading range they have been...
 
ShankyS
ShankyS posted a blog entry
Morning Post
LOL, 169,000 jobs is a good number? Are you freaking kidding me? If this were a faucet, it would be spilling water (jobs) at a...
 
ShankyS
ShankyS posted a blog entry
Morning Post
The minis are battling the upper bearmarket trendline and the lower P2 bullmarket support line. that battle has to end this...
 
ShankyS
ShankyS posted a blog entry
LOOK Into The Future(s).
I hope everyone had a great holiday weekend. I'm toast, so much for having fun putting up all the Xmas stuff. More like a...
 
ShankyS
ShankyS posted a blog entry
Holy Chit Maen
Nice to wake up to a crashing dollar the day before Thanksgiving. My 74.50 target has now been achieved. The usual...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Short post this morning - I'll just say look for am impending breakout or breakdown of the dollar. Tony C once told me the...
 
ShankyS
ShankyS posted a blog entry
E-minis Now
E-mini 60m - BIG spike thru the gray upper bear market trendline headed towards former gap resistance (pink) and then the upper...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Minis up 10. Nothing should surprise you anymore.From Bloomberg - Stocks, Commodities Gain on Growth Outlook; Dollar, Yen...
 
ShankyS
ShankyS posted a blog entry
TNX And The USD - Big Question - Big Deal?
So, which way does the dollar go? Cycle low to new highs or does it inversely react to TNX and plummet?TNX monthly chart...
 
ShankyS
ShankyS posted a blog entry
Morning Post
No Morning Post today - 2nd grade play takes over. I'll get something up when I hit the desk around 9:45.Major spike in the...
 
ShankyS
ShankyS posted a blog entry
Can The Dollar Push Thru?
1:20 UPDATE: SPX Dollar Chart - See the pink support lines on the dollar? Also all the massive divergences on the indicators....
 
ShankyS
ShankyS posted a blog entry
Dollar. Gold And The Minis Tonight
DXY ramping up? Pink trendline is the LT market top line. I think it may be headed to the green or blue lines and the possible...
 
ShankyS
ShankyS posted a blog entry
Minis/SPX Now
UPDATE: DXY cracks upper trendline.  Now can it hold and confirm? E-minis sitting right on support. E-mini 30m - Lower...
 
ShankyS
ShankyS posted a blog entry
Deadly Flu Spreads Across Ukraine
From Project Mayhem at Zero Hedge. "Those who have followed my Zerohedge columns in the past may be aware the subject of...
 
ShankyS
ShankyS posted a blog entry
UNG - Time To Go?
Looking at this 60m chart, I'd say it may be time to take a shot. Price action and position of price and the indicators all...
 
ShankyS
ShankyS posted a blog entry
Opex And Cycles (And More Possible Upside)
Just a quick something I threw together looking for some trends. Some of you may really like this. Red vert lines are Fib...
 
ShankyS
ShankyS posted a blog entry
Minis, Dollar, EUR And The Wedges
Interesting day as both the dollar and markets are up today on what appears should have been a healthy breakdown according to...
 
ShankyS
ShankyS posted a blog entry
UNG - Possible Double Bottom (Or Worse)?
Folks, UNG is just getting abused again and is approaching the double bottom (possible dead cat bounce) that few saw coming. I...
 
ShankyS
ShankyS posted a blog entry
Read This - A New Flew?
I just found this and thought is was very interesting if accurate. I'm gonna go update my Swine Flu charts just in case....
 
ShankyS
ShankyS posted a blog entry
UNG- So What Gives?
I'm not going to delve into a lot of the factual evidence that natgas is over abundant, over supplied and over sucked out of...
 
ShankyS
ShankyS posted a blog entry
Gold And The GLD Daily Evening Star Long-Legged Doji
GLD Daily - Clear as day doji. Busted way above the upper bollinger band. Indicators need some work, but the candlestick as...
 
ShankyS
ShankyS posted a blog entry
$GOLD:USD Chart
I thought I had seen this chart somewhere before. $GOLD:USDSPX to 1928 I just thought the similarities (worth something or not)...
 
ShankyS
ShankyS posted a blog entry
Morning Post
Gotta help with some campaigning for a buddy this am, so I'm doing this post last night (since you are reading this today or...
 
 

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