Nightly late-night chart review sessions on twitter and Chart.ly.  Follow me on twitter@theEquilibrium.
Apple Inc. (NASDAQ)‎ - weekly- breaking into very low prior volume range- could make a run at 192- RSI @ 81,running on momo
Potash Corp./Saskatchewan (USA) (NYSE)‎ - weekly- bounced from 40wkSMA – huge 15 month triangle- coming into resistance
Potash Corp./Saskatchewan (USA) (NYSE)‎ - daily- trying to run [...]

Nightly late-night chart review sessions on twitter and Chart.ly.  Follow me on twitter@theEquilibrium.
S&P 500 Index - monthly- 20 yr chart- testing 200monthSMA- 32.8% Fib at 1085 from ‘91 low-very steep MACD bull cross
NASDAQ Composite Index - NAZ monthly- broke above 200monthSMA- 62.8% Fib from 1991 low at 2160- strong MACD bull cross
US Gasoline Fund ETF (NYSE) – daily-negative [...]

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 vol-by-price- very difficult to argue with this breakout
Financial Select Sector SPDR (ETF) (NYSE)‎ - weekly vol-by-price– Inverse H&S points to target of 19- PPO breaking positive 1st time since ‘07
American Express Company (NYSE)‎ – weekly- tagged [...]

Ag names have been hit particularly hard in the past few sessions, some breaking key uptrend lines and other critical levels of support, so this State of the Chart will shine the spotlight on MOO, the ag ETF.
Let’s begin with the weekly chart:

MOO hasn’t been around very long, so long term charting is somewhat less [...]

Just about every good trader I know analyzes and trades using more than 1 time frame. (our theEquilibrium just did a great analysis of Apple on 3 Time Frames).  Whether they’re daytraders or swing traders, using multiple time frames means focusing on the price action you’re waiting to attack but also being aware of the [...]

I wrote a post two weeks ago, which made an example out of Potash (POT), and explained how a buy-write would work to put on a “kinda bullish” position.  Rewind the tape, POT closed at $89.10, and I hypothesized to buy the stock and sell the front month $90’s for $4.10.  To be clear, I didn’t put this [...]

There is a difference between being really bullish, kind-of bullish, sort-of bearish, and roubini-bearish.  When you’re in between, or, you’re not exactly sure…but you have cash you want to put to work…enter, the option tool-bet!
In the last week, we’ve seen some great strength, in some great names as good friend Jason Raznick points out.  Now, [...]

Hey there fellow traders.  Tonight I will make it short and sweet since I am still away on holiday in Freezing cold Miami.  I could have stayed up North if I wanted this kind of weather.  Sometimes it’s good to take a few steps back from the market in order to refresh the mind and [...]

As a follow up to my posts of last week,  I would like to talk about the inflation trade and the temples and where we are today.  I mentioned that there are certain leaders in the market that tend to show us the direction of the overall trend.
The first group is what I called the [...]