Tue 03_18

It's tought when there isn't a good signal to go off of, instead it's just gap, run a bit, then chop. IWM has given the better long setups so far (maybe the lack of short setups last week was a tell).

The other majors look much like the SPY below; where you just got an hour long range extension on the open and not much in between

give some back

A few losses on the Friday short entries, but able to make some back today.
Worth noting the higher momentum on lower highs today (reverse divergence).

EURUSD hit a small target

so close

ES came within 0.75 points of the 4H higher time frame primary target posted here

Fri. 03_14

A few more short triggers on Friday's close.

 SPY

 QQQ _ primary target off of the new trigger is $88.32 but there hasn't been much reason to exit from the prior short at $89.77

DIA

IWM- hasn't given much to work with.  The previous short ended up being a scratch and it just cycles lower, timidly approaching support

IYT

Higher time frame ES still appears to be working towards that 1822.75 primary target

EURUSD targeting a retest of the breakdown point

CL - I'm always hesitant to take these 3a-criteria trades (most recent up-arrow indication).  Them working just seems to depend on how interested shorts are to cover or are they still aggressive.

Inside week

SPY weekly (and IWM) closed with an inside bar.  Going back to 2009 there have been fourteen times which this has happened.

I only bring attention to this because, in my experience, the more attention I pay to an inside bar the less I end up losing.  It's just a candle pattern that warrants being alert of the condition.  DIA finished the week as a harami and the QQQ closed lower than the previous week's low.

03_13

Overall, not too damaging.  Most markets are in support.

 IWM actually did not attain it's primary target and shows a slight positive divergence.

higher t_f projections

EURUSD hit primary target on 4-hour time frame

 Crude hit most recent primary 4-hour target

ES working on an 1822 target.  Being that the entry candle is so wide I would prefer to watch faster time frames to see if a buy divergence develops.  Would likely put a stop at break-even at this point.

Thu. 03_13

Of the setups posted yesterday
IYT tagged two targets before reversing

QQQ - tagged the shortest target

IWM - I had mentioned I didn't like the setup.  Came close to primary target ($0.04 shy)

Meanwhile, the DIA triggered a short and already hit the primary target

Cycle symmetry

The current SPY Inverted cycle is official symmetrical to it's previous Regular Cycle.  Stevenson guidelines dictate that the cycle itself is not complete until the Cyclic Trend Line (CTL) is violated.  The fuchsia trend line indicates the CTL on the chart below.

Wed. 03_12

A couple of long triggers on the close

Not so for the DIA and SPY.  DIA could be setting up a much larger move if it consolidates in this range for a few more weeks.

The trigger in IWM seems sketchy to me, though quite honestly, being that the daily time frame has a fast line < slow line makes all long triggers less tolerant to adverse moves.  IYT being the strongest of the bunch.

Tue. 03_11

Some updates and setups
SPY long failed, short reached primary target rather quickly

IWM-

DIA

IYT - kinda sketchy because this pattern is known to have squeeze potential

XLF
















Higher time frame ES has an 1860.75 primary target on it's latest setup

Mon 03_10

The only thing that really set up on the higher time frame was a SPY long.  Not the best looking, but worth a try.

ES weekly

Weekly chart of the ES.
Bottom indicator is the typical 3/10macd, the macd above it is meant to mimic a 3x higher time frame (so almost, but not quite the monthly).
Most recent primary target (+48-points) achieved.  Trend still very much bullish.  The fast line on the higher time frame is starting to wane, but a further drag on that will only occur once the fast line on the weekly is dragged negative.

DJIA Quarterly

Just a chart.
Perhaps a little premature to post a Quarterly chart being there's still a few weeks to go.  However, we may be at a significant inflection point.  Being 21-quarters into this bull move (seemingly a consistent period of time for this issue) and right atop the extended upper trend line.

mixed bag

some higher time frame setups.  Some hit primary target, some still working on it.

ES got stopped out on Monday's gap down on this 4-hour chart but regained some of that with a tag of the most recent primary target.