Tuesday, March 29, 2011
end of month
I'm looking for a weak begining to this week, and then a little month end rally at the end of this week.
Monday, March 21, 2011
U.S. Dollar testing Yearly S1 pivot
U.S. Dollar futures are very close to the yearly S1 Pivot at $75.52(purple line marked s1). I'm looking for support there and a rally off the yearly S1 pivot. I'll use a close below $75 as my stop. Risking only .55 cents.
Friday, March 18, 2011
Wednesday, March 16, 2011
S&P intraday pivots
The S&P today went from the S1 pivot, down to the S2 Pivot at 1249 and bounced back up to the S1 Pivot for 16 points each way.
Tuesday, March 15, 2011
Pivot Power
Amazing how the Yearly R1 pivot(S&P 1343) and the 2011 Bradley Model's major turn date on Feb.17th has played out.
see posting below
see posting below
Thursday, March 10, 2011
Gold MR1 pivot
Gold futures went up to the Monthly R1 Pivot(white circle on the top of the chart) and now has pulled back to the 20dma(yellow line). Look for a little bounce here off the 20dma and retest the 8dma(1420) before going down to test the Monthly Pivot Point(Mpp) at 1385 and open gap there. Buy the dips as long as the 150 dma holds (1350).
UPDATE 3/15
Gold hit the MPP(1385) this morning ....PIVOT POWER!
Monday, March 7, 2011
again no change
I still don't see anything in the charts that change my opinion. Look for more downside on the S&P and the Dow this week. Looking for a test of the 50dma.
Watching
Silver YR1 pivot is 35.50 -36.50
Oil Yr2 pivot is 108.45
Watching
Silver YR1 pivot is 35.50 -36.50
Oil Yr2 pivot is 108.45
Tuesday, March 1, 2011
no change
per my post last week, I see no change this week. I believe this down trend will continue until early summer, per the 2011 Bradley Model.
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