November 12th, 2009 by jsfalvo | Comments
Per David Elliott :
Yesterday played out about how we expected.
The DJ-30 hitting out upside trendline target of 10340 area.
And the SP-500 and QQQQ making double tops;
With the IWM, Russell 2000, failing the daily 50 Simple moving average, SMA.
This price action today leads me to believe we have put in another topping action that should send [...]
October 21st, 2009 by theequilibrium | Comments
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Amazon.com, Inc. (NASDAQ) – daily- working chart- rising wedge, but holding a range above 94.50 breakout level
Amazon.com, Inc. (NASDAQ) – long term weekly- working chart- looking to break above 9 year trend line
Research In Motion Limited (USA) (NASDAQ) - daily- working chart- this chart has [...]
October 20th, 2009 by jsfalvo | Comments
Per David Elliott :
Yesterday saw little Index dip moves and a market run starting at 10:00AM.
Our SOAP Sell set-up is still valid with a good market drop, that did not happen today.
AAPL hit our dip target then rallied thru the close to a $20 point swing from the low.
AMZN missed out dip target by a [...]
October 20th, 2009 by jsfalvo | Comments
Per David Elliott :
Yesterday saw little Index dip moves and a market run starting at 10:00AM.
Our SOAP Sell set-up is still valid with a good market drop, that did not happen today.
AAPL hit our dip target then rallied thru the close to a $20 point swing from the low.
AMZN missed out dip target by a [...]
October 19th, 2009 by jsfalvo | Comments
It is so good to have David Elliott’s thoughts on the markets again. David has been battling cancer and he will post when he can for now. So below I have pasted David’s thoughts on the market right now.
Per David Elliott :
Friday saw a bounce in the US$, from a failed new low retest, that [...]
October 19th, 2009 by jsfalvo | Comments
It is so good to have David Elliott’s thoughts on the markets again. David has been battling cancer and he will post when he can for now. So below I have pasted David’s thoughts on the market right now.
Per David Elliott :
Friday saw a bounce in the US$, from a failed new low retest, that [...]
October 2nd, 2009 by theequilibrium | Comments
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Apple Inc. (NASDAQ) - 30 minute- strong open getting back above recent support- key level to watch
October 1st, 2009 by theequilibrium | Comments
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
Amazon.com, Inc. (NASDAQ) - long-term weekly- one of my favorite charts- break to all time highs appears very possible
Amazon.com, Inc. (NASDAQ) - 30 minute chart
Amazon.com, Inc. (NASDAQ) - 30 min- barely hanging on to 91 support and recent trend line- gap support at 86
Apple Inc. (NASDAQ) - 30 [...]
September 26th, 2009 by theequilibrium | Comments
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
iShares Russell 2000 Index (ETF) (NYSE) - weekly- target of double bottom at ~70–currently pulling back toward 50% Fib from huge res.@ 62-ish
iShares FTSE/Xinhua China 25 Index (ETF) (NYSE) - weekly- backed off 50% Fib- heading towards bottom of ascending broadening wedge
iShares MSCI Brazil Index (ETF) [...]
September 25th, 2009 by theequilibrium | Comments
Nightly late-night chart review sessions on twitter and Chart.ly. Follow me on twitter@theEquilibrium.
iShares Dow Jones US Real Estate (ETF) (NYSE) - weekly- some weakness showing on this chart- but target of inverse H&S remains ~ 50
S&P500 Index – some quick notes on the weekly chart
Financial Select Sector SPDR (ETF) (NYSE) - daily- small bounce off the 20daySMA- may [...]
