Sunday, November 24, 2013

Indices Are Overbought, Still Waiting For An Entry

In Cash as of 9/3/2013


Nothing has changed since last week.  Indices are severely overbought and we should see a correction soon.  My plan is to open new long position into that correction hopefully soon.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
on

Sunday, November 17, 2013

Indices Are Severely Overbought

In Cash as of 9/3/2013 

Indices are severely overbought and we should see a correction soon.  My plan is to open new long position into that correction hopefully soon.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
on

Sunday, November 10, 2013

SPX Is Up Against Stiff Resistance

In Cash as of 9/3/2013 


SPX very likely will sell off this week to retest its 20 D-SMA and support at 1740.  My plan is to do my first buy of 4 around 1740.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
on

Sunday, November 3, 2013

SPX To Test Support Range at 1740 - 1730


In Cash as of 9/3/2013 

Indices are overbought and very likely will correct this coming week.  Chances are good that we see SPX tests immediate support at 1740 and its 20 D-SMA at 1730.  My plan is to do my first buy sometime this coming week as SPX tests its support range.

RTS Stocks - 1st of 4 positions in: TBD and posted later (Momentum is shifting).

Indices -1st of 4 position in: SPY, QQQ and IWM (equal $).


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change N without notice.
on
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