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.


Tuesday, August 14, 2012

SPY S_R

Updated from below with today's price action.  Strong bounce at the low volume node at the end of day to close on the same price as yesterday.


Below is the original chart i posted this morning:
Something I was working on for Support/Resistance levels going forward.

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