SPY: Projecting the top target

12 Ağu 2016

If we employ the time at mode trend analysis methodology we can conclude that the SPY chart is in an uptrend in the weekly, daily and intraday charts. Currently, there's a daily and weekly signal active, and the targets are labeled in the chart. I'm holding longs and shorts in different stocks, and currently long SPY, but will track the progress of the uptrend closely to catch the retracement or reversal once it's confirmed. For the time being my bias is on the long side though. I reccomend paying close attention to the dates on chart, since I anticipate some kind of reaction to these technical and fundamental landmarks.
I'll expand the analysis and update the chart as we move forward and include some of the setups and charts we have been discussing, both with my signals clients, as well as in Tim West's 'Key Hidden Levels' chatroom linked below.

Check out my updated track record here: pastebin.com/6CyyqnPT

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Cheers!

Ivan Labrie

Link to Tim West's chatroom: tradingview.com/chat/
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.

Risk disclaimer: My analysis is provided as general market commentary and does not constitute investment advice. I will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance0.25% on such information.

12 Ağu 2016

Not

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12 Ağu 2016

Not

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12 Ağu 2016

Not

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I'm long TGT from 73.88, stop 71.74, target 79.81

12 Ağu 2016

Not

'Above 226.13 (the KEL) it'd be a pretty painless long, risking a drop to 220,51
F looks great, holding for more upside.
s3.amazonaws.com/tradingview/snapshots/q/qg28ZpRo.png '

12 Ağu 2016

Not

'Beautiful
s3.amazonaws.com/tradingview/snapshots/w/WK2JimRp.png
this dip can be bought
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stop 217.64'

12 Ağu 2016

Not

'This is a very good exit for KSS, at least partial
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you can buy back when it dips
Tim called the long at, around 38
a dip to the new KEL would be nice
PBF is down, but at the daily mode.
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Looks good for the most part, let it run.
TSLA looks very good
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d
'

12 Ağu 2016

Not

This is a sample of what we discuss at the chatroom, feel free to stop by. :)

15 Ağu 2016

Not

Check how well my recommendations went...

17 Ağu 2016

Not

The break down in DIA and SPY suggests we could see further downside in the broad market. I'm holding shorts and only holding longs in specific individual stocks. Selling calls for 3 months against longs is a good idea.