• Reviewing My Swing-Trading Past Performance in March

    My Trading Past Performance in Review You might not have realized it, but March actually snapped a four month winning streak when the S&P 500 decided to close a whooping 0.92 points lower. In percentage terms that was -0.04% lower for the month. Needless to say there was a lot of chop in the market

    |April 23, 2017|5 min read|

  • Swing Trading Stock Returns in February

    In February, my swing trading stock returns were solid across the board The S&P 500, Dow Jones Industrial Average, Nasdaq and Russell Index finished higher than where they they all started the month at and compounded on the gains from January in terms of overall stock market returns.

    |March 10, 2017|8 min read|
  •

    The View from 5,000 Feet

    As a market technician, sometimes I gotta just turn the TV off and look at the charts.  I know something is going to happen around 10 am tomorrow, so I might be watching the price action around that time if I’m available.  But I won’t be looking for immediate price trends around the news, I’ll

    |August 25, 2011|2 min read|

  • CCI (commodities due for a correction?)

    Commodities have been on an absolute tear since Dec 2008 with a return of around 89% on the CCI over that span.  However, this market may finally see a correction.  The market just recently tested the March 7th high and has sold off since.  It took 7 days from the March swing high down to

    |May 3, 2011|1 min read|

  • Cotton

    July Cotton reached its H&S Top objective today ~ 149.03.  It reached this area pretty quickly: over 39 points in just 12 trading days.  The reward to risk ratio was a solid one: 2.63 to 1.00.  It takes deep pockets to trade this market, but if you have the capital it would've meant risking ~ 7475

    |April 28, 2011|1 min read|

  • Follow up on Yesterday’s ES Trade

    ES futures did indeed find support yesterday in my 1285-1300 zone as the low was 1298.25.  We got a nice pop off the top end fib support in my earlier chart.  Also, just below today’s low was MP and DS2 support.  The intraday chart shows RSI divergence (bullish) and the downward sloping trendline was broken.  On the

    |April 14, 2011|1 min read|

  • Cotton

    Cotton has moved into July from March.  So I will now focus on the July chart.  Yesterday we got confirmation of a h&s top with a close below the upward sloping neckline.  This patterns target is around 149.05 with an initial stop at 203.30.

    |April 13, 2011|0 min read|

  • Trading the Euro

    There is a possible buy zone shaping up in the Euro.  If we can get down to the 1.4075-1.4095 area sometime today I would look to get long with a stop below the most recent pivot low of 1.4041.  This area could produce a real nice bounce. 

    |April 5, 2011|1 min read|

  • Cotton

    Cotton has been on an impressive up move since mid 2010 appreciating over 150%.  However, we are starting to see some signs of a possible H&DS top forming.  The chart shows the Left Shoulder, Head, and Right Shoulder have all formed.  We are now just waiting for confirmation, which would be a close below the

    |April 3, 2011|2 min read|

  • Trade Setups for 3-31-2011

    Had a few minutes tonight to some scans and look a few charts.  Here are two stocks that I will be keeping a close eye on tomorrow should this unrelenting market melt-up continue.  I would normally consider DO ( Diamond Offshore ) as a breakout swing trade, but given the markets current overbought conditions, I

    |March 30, 2011|2 min read|