24
APR
2015

Setup Watchlist: FB-XLU-GLD

1. FB (Facebook) : Short Setup Weekly time frame: As suggested in my last update of FB there is a potential ending pattern in play So far we have an ugly weekly Shooting Star If the support at 80.44 does not hold the wedge would have truncated and odds would favor a potential...
19
APR
2015

SPX: Another Failed Breakout

The trend line that connects the three lower highs from the March top is resulting to be the “bete noire” for the bulls. SPX has failed once again a break out and on Friday it has lost once again the 50 dma falling back at the range mid-point Two questions: 1. Does...
07
APR
2015

Setup Watchlist: TSLA

TSLA (Tesla Mtrs.): Long Setup Weekly time frame: From the September high price has unfolded a corrective pattern Is the correction over ? The MACD histogram is displaying a positive divergence A sustainable bottom needs a MACD signal cross So far the large weekly gap up is a...
24
MAR
2015

Setup Watchlist: S-USO-TSLA

1. S (Sprint Corp): Long setup Daily time frame: Price has been forming a tight pattern that could have shaped a Bullish Flag Yesterday´s wide range candlestick may be the ignition to a move higher If the Bullish Flag pans out the target could be located in the range of  the...
09
MAR
2015

Setup Watchlist: NFLX-GOOGL-ADBE-SCO

1. NFLX (Neflix): Short Setup I went short last Thursdays Weekly time frame: Rejection at the ATH reached on September with a similar candlestick sequence If price does not hold the support located at 437 the range of the 0.382 – 0.5 retracement should come into play...
10
FEB
2015

XLE: Long Setup Watchlist

Weekly time frame: We could make the case that price completed a Falling wedge (On January 14) Maybe we could count a Zig Zag from the June 2014 high The weekly MACD is displaying a bullish cross Based upon the potential falling wedge odds should favor at least a large...
22
DEC
2014

IWC: Bullish Flag

IWC: Russell Microcap Index Ishares ETF Monthly Time Frame: On October we have a failed attempt to breach the trend line support in force since the 2009 lows. The monthly Hammer clearly denied a reversal. In addition from the March 2014 top a corrective decline could have carved...
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...
30
NOV
2014

SPX: Daily Dark Cloud Cover and Weekly Shooting Star

We have initial evidences of a potential pause of the “V Bottom” rally off the October low: Daily time frame: Outside Day (Dark Cloud Cover) & Exhaustion gap Weekly time frame: Shooting Star VIX jumps 10.44%   On Friday SPX gapped higher but quickly reversed engulfing...
09
NOV
2014

GDX: A Tradable Bottom Should Be In Place

It would be rather premature to talk about a major bottom of a decline that from the September 2011 has burned down the value of the stock with a loss of 75.5%.  I would have preferred a test of the ATL established on October 2008 at 15.86 but instead this week we had a...