Sunday, December 22, 2013

***MAGIC SWING SETUPS*** for the week of December 23 - 27, 2013 --> $SPY $QQQ $ADSK $CSIQ $RICK $FNMA $OMED $PLUG ***UPDATE***

Welcome back and Merry Christmas everyone. Been busy trading currencies lately and spending time off with the family. Been shopping and going out with friends and spending money! So now I wanted to come on here before Christmas and share with you a few things that I'm looking at going forward.

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

$SPYMARKET 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 - The only thing we have to be watchful of is the Nasdaq as it has some major supply that we will be heading into. When the market heads into this supply it will likely drag the other markets down with it, so take note of the RED ZONE. Take a look at what happened last time the market went into the red supply zone below.

$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


$PLUG - ACTIVATED ==> Long at 1.69
==>I've been waiting for this one to come down to the BUY zone for a few days now. So now, I will share this setup with you!

$PLUG - BULLISH
$PLUG UPDATE ==> 67% WINNER
$PLUG ==> WINNER
$PLUG UPDATE ==> 192% WINNER
$PLUG WINNER