•

    Fuinhaz $SPY read for August 17, 2012

    $SPY opening flat, but with a very likely possibility to continue it's bonanza run to new highs since nothing in the technical analysis means absolutely nothing. Bad data is completely ignored, and I have seen the market go much higher out of nothing, until the day it stops, and it starts to give back gains

    By |Published On: August 17, 2012|1 min read|
  •

    Fuinhaz $SPY read for August 17, 2012

    $SPY opening flat, but with a very likely possibility to continue it's bonanza run to new highs since nothing in the technical analysis means absolutely nothing. Bad data is completely ignored, and I have seen the market go much higher out of nothing, until the day it stops, and it starts to give back gains

    By |Published On: August 17, 2012|1 min read|
  •

    Fuinhaz $SPY afternoon update for August 16, 2012

    What a day this have been so far. In a matter of 15 days, the $SPY just putted some ear plugs and sky rocked a few cents from the 52 week high 142.21. My question is how much higher can it get until a decent pull-back, if we ever get one? The word detachment is

    By |Published On: August 16, 2012|1 min read|
  •

    Fuinhaz $SPY afternoon update for August 16, 2012

    What a day this have been so far. In a matter of 15 days, the $SPY just putted some ear plugs and sky rocked a few cents from the 52 week high 142.21. My question is how much higher can it get until a decent pull-back, if we ever get one? The word detachment is

    By |Published On: August 16, 2012|1 min read|
  •

    Fuinhaz $SPY morning update for August 16, 2012

    $SPY did a double top @ 141.38. It is very hard to tell people to short here, since apparently every resistance is being taken off. On my scans everything is a strong sell, but I have to be honest that even though the technical analysis is pointing for a top, the market just want to

    By |Published On: August 16, 2012|1 min read|
  •

    Fuinhaz $SPY morning update for August 16, 2012

    $SPY did a double top @ 141.38. It is very hard to tell people to short here, since apparently every resistance is being taken off. On my scans everything is a strong sell, but I have to be honest that even though the technical analysis is pointing for a top, the market just want to

    By |Published On: August 16, 2012|1 min read|
  •

    Fuinhaz $SPY read for August 16, 2012

    Markets going for another wacky day. $SPY opening higher and trying to go for another try to break up the 141.38 level. Remember that I wrote on Fuinhaz $SPY read for August 13, 2012, that 141.66 was the bi resistance that we needed to watch. But honestly with all this slow grinding up trend that we

    By |Published On: August 16, 2012|0 min read|
  •

    Fuinhaz $SPY read for August 16, 2012

    Markets going for another wacky day. $SPY opening higher and trying to go for another try to break up the 141.38 level. Remember that I wrote on Fuinhaz $SPY read for August 13, 2012, that 141.66 was the bi resistance that we needed to watch. But honestly with all this slow grinding up trend that we

    By |Published On: August 16, 2012|0 min read|
  •

    Fuinhaz $SPY afternoon update for August 15, 2012

    It is amazing how equities, indexes are completely disconnected from technical analysis. It is almost scary to watch this price action. Again I will repeat, on a technical analysis stand point, we should be selling hard. It still may happen today specially if we re-test the 140.80 level, but anything can go now. I am

    By |Published On: August 15, 2012|1 min read|
  •

    Fuinhaz $SPY afternoon update for August 15, 2012

    It is amazing how equities, indexes are completely disconnected from technical analysis. It is almost scary to watch this price action. Again I will repeat, on a technical analysis stand point, we should be selling hard. It still may happen today specially if we re-test the 140.80 level, but anything can go now. I am

    By |Published On: August 15, 2012|1 min read|