SP500 Roadmap, It's Paid to Stay Long

This chart shows that historically since Jan 2013 the SP500 has had 2 breakouts that went on multi-week rallies. How long will this one go?

Biotech leads the NASDAQ Lower

Several biotech high fliers are now leading the tech market lower.

Watchlist 01/18/14

Big volume breakout set-ups….

Watchlist 01/07/14

Comments on charts

Futures Trade 12/18/13

Here is a look at a futures trade on the /ES that I did this week. I caught a nice move after the Fed announcement. Very tricky to trade as it headed in sharply downward minutes after the announcement. Buyers immediately stepped in and pushed the SPX higher. I waited until the second 5min candle I got confirmation of the upward direction before I stepped in. I could have gotten in earlier but I feared a choppy reversal. This worked out for a nice 64 tick move. I set my target for 1800, which it continued on about 4 more pts. I'll never get it all but am learning to be happy with most of it.

Set-Ups 12/20/13

Two ETFs that are poised for a breakout and move higher.

Aerospace continues its upward climb.

Tech continues to work. Nice base forming. Looking for a breakout and move higher.

Trade Set Ups 12/09/13