Remember the key is to time the markets GREEN and RED zones with the GREEN and RED zones from the setups. If they are both entering their same colored zones at the same time then the probability of the setup working out is highest. Otherwise, market needs to be trending upwards to take entry of setups in the GREEN zones.
SHADED GREEN ZONES = Strong Buy Zones
SHADED RED ZONES = Strong Sell Zones
$SPY - MARKET OUTLOOK as of December 20th 2013
Take a look at this beauty. While everyone was freaking out about the market heading downwards, if you just looked at the market outlook I posted last time on this blog, you would have seen I outlined two GREEN BUY zones the market bounced from. The last bounce has propelled the market up again. Going forward there is nothing to stop the market from heading higher so that is what I am planning on.
$SPY - Market turn predecited 100% |
$QQQ - SUPPLY zone up ahead |
$ADSK - OPTIONS ACTIVATED ==> April 14 50 PUT
==>This one is about to drop hard core. So I am taking advantage of the drop by buying puts. Take a look at the chart for instructions.
$ADSK - BEARISH |
$ADSK UPDATE ==> Options are up 10% so far
$ADSK OPTION up 10% |
$CSIQ - I like this one long again. Seems solars are getting another wind.
$CSIQ - BULLISH |
$CSIQ UPDATE ==> 22% WINNER
$CSIQ ==> WINNER |
$RICK - Nothing like a little strip joint into the holiday season! lol
$RICK - BULLISH |
$FNMA - I like this setup a lot. Perfect entry point for a ride long.
$FNMA - BULLISH |
$FNMA UPDATE ===> 14% WINNER
$FNMA ==> WINNER |
$OMED - This one will take some time for price to get down to the BUY zone but I think it will be worth the wait on this one.
$OMED - BULLISH |
$OMED UPDATE ==> 32% WINNER
$OMED ==> WINNER |