The setups I include on this blog are used in conjunction with the 3/10macd and the criteria I ascribe to it as a way to alert me to an existing condition of price. The key concept to take away from this blog is that I try to anticipate what will happen on the higher time frame by using a faster time frame to trigger the trade setup. I do not trade a "system" I use two indicators to clue me in to price conditions. Please read the Disclaimer located in the sidebar of this site. I can be contacted via email at toddstrade@gmail.com
I am always open to questions, comments, or suggestions on how to improve this blog.


Friday, May 30, 2014

weekly

SPY - has a weekly primary target of $194.68

DIA - since the higher time frame (upper indicator) has a FL < SL and the weekly time frame's fast line ticked down last week it would be discretionary to stay in after the close of last week.

IWM - still working off the weekly divergence but no long entry on this time frame yet.

QQQ - approaching primary target of $92.04

XLF - looks to possibly trigger a long trade this week.  Being that the higher t/f has a FL <  SL it becomes a bit more risky, but price can still carry higher.

IYT - reached primary target today.  Bit of a 3-push divergence on the higher time frame.

ES _ has a primary target of 1945.75

CL - missed the primary target by 12-cents and is nearly back to entry.  Could result in a loss.

GC - another sell trigger this week.  However, the higher time frame has a FL > SL but the weakness potential for a move under 1175 is certainly present.

Thursday, May 29, 2014

Thu 05_29

Going higher, just gotta follow the cues







Wednesday, May 28, 2014

Friday, May 23, 2014

Thursday, May 22, 2014

Wed. 05_21

Some movement, but nothing to get too excited over.
SPY- 


DIA -

IWM - pretty solid selling trend on these time frames

QQQ- can it break out?

XLF - didn't have a very productive day

IYT - daily kinda has a sloping shoulder

ES4h

Thursday, May 15, 2014

Thu 05_15

The move lower was triggered yesterday afternoon in most of the majors.
SPY - "2b top" potential with a close lower, though I'm not certain if it would be under $186 or < $181.50 that would confirm it.

DIA - didn't trigger as the 65m fast line just kept sliding lower

QQQ - continues to build symmetrical cycles

 IWM - held that $107.50 area yet again

IYT - trend still stable

XLF - late trigger, probably a loss in the making

ES 4H back into support.  Higher t/f showing FL < SL so  no buying setup likely for a while

A curiosity worth noting:
    Below is the S&P500 (cash) with an indication of the NYSE 52-week new highs vs. new lows differential.  Recently a negative close in this indicator marked a bottom, while other occurrences preceded a larger and longer corrective phase.

Tuesday, May 13, 2014

higher high

you know what that means!  Have to re-draw the on-going cycle count.  And, again, we're nowhere near the CTL (Cyclic Trend Line in fuchsia) which means the inverted cycle is still very much intact.

Monday, May 12, 2014

Mon 05_12

Finally a breakout in some markets
SPY - nearing primary target

DIA - triggered last week and today's Open was the primary target while the secondary tartget was nearly the high of the day.

QQQ-

IWM - similar to the DIA  in terms of triggers and projections
 XLF - primary projection hit

IYT _ big day

EURUSD 4h_

ES 4hr