21
JAN
2015

Setups Watch List: TQQQ-MSFT-TWTR-CVI-UVXY

1. TQQQ 15 minutes time frame: Potential Inverted Head & Shoulder with a measured target at 98.50 Staying above 91 would maintain a constructive pattern
11
JAN
2015

Long Setup Watchlist: MSFT-ALXN-HAL-CVI

1. MSFT: If it holds above Thursday´s lod it could setting the stage for another up leg. The resistance is at the trend line off the November high. If it is breached the upper Bollinger Band could be achieved   2. ALXN: It has formed a potential Triangle If it pans out the...
12
DEC
2014

Long & Short Setup List

The following themes have a short-term time frame objective LONG LIST: 1. GLD – UGLD Assumption: The preferred count off the November low is  a Triple Zig Zag If this is the case price  should be already involved in unfolding the third wave (C) up I am looking to go long...
03
NOV
2014

BITA: Potential IHS

There is a potential IHS and for the shorter time frame a thrust underway following a Triangle but due to the negative divergence of the RSI (5) I would wait for a pullback In the following 30 min chart we can see that last Friday price could have completed the first up leg of an...
26
OCT
2014

WYNN: Bullish Watch List

Reasons:  Potential Bullish Flag (Weekly chart)  Potential Inverted Head and Shoulder (Daily Chart) In the weekly chart we can see that from the March 2014 high price could have been forming a bullish flag We don´t have yet the confirmation that price has established a...
20
MAY
2014

SQQQ ( 3 x Short QQQ ETF) : NDX Bearish Set Up

Entry Date: 05/20/2014; Long: 52.88; Stop: Below trend line; Target: 77 Reason: Head & Shoulder In the weekly chart of NDX we can see a potential Head & Shoulder reversal pattern. If the horizontal resistance at 3627 is not breached odds would favour the formation of the...
28
APR
2014

IBB (Nasdaq Biotechnology ETF): Bullish Watchlist

Reason: Potential Inverted Head & Shoulder with a theoretical target located at 265 The right shoulder is still under construction but, as it should maintain a time proportionality with the left one, it must  be completed by either today or tomorrow We cannot rule out a bit...
24
APR
2014

TSLA: Bullish Watchlist

04/24/2014: EOD Follow up Despite the right shoulder can be considered completed I have decided to remain on the sideliness due to  the “insecure” pattern that SPX is unfolding. In addition there are better looking IHS in IBB and IWM which right now I prefer If...
11
APR
2014

SDOW (3xShort Dow ETF): DJI Bearish Watchlist

Entry Date: 04/10/2014; Long 29.05; Stop 28.88 ; Target 33; Exit Date: 04/10/2014; Exit Price 29.39 (+1.19%) Reason: Potential Inverted Head & Shoulder with theoretical target at 33 In the daily chart below we can see that price has formed a likely IHS, although the right...
03
APR
2014

GLD (Gold ETF): Bullish Watchlist

04/08/2014: Follow up I decided to close the position with a gain of 5%, probably it is an anticipated decision since there is no indication of  a reversal but there are too many gaps which complicate risk management as the stop is too distant from current levels, in addition I...