This StockTiger.com commentary video shows several candidates for break out or short sales for at least short term gains by buying the break (or selling the break down) on good volume and closing at least some on the first day.
inthemoneystocks
InTheMoneyStocks.com shows their analysis techniques on the intra day charts on the SPY as they discuss the support/resistance and pivot levels in this market. They discuss the markets continued weakness on lack of government clarity and how the financials are seeing a small bid off of CitiGroup Inc. news. They discuss all the key levels, all the levels to watch intra day for bounces and note how all the major key levels on the daily and final wrap up will be discussed in the nightly video released to the premium subscribers in the Research Center at www.InTheMoneyStocks.com. Come join the Research Center to get current technical analysis on this market, learn where this market is headed, get all the key levels in the daily market report on the S&P, gold, oil and the US$. Also, get educational videos, picks and watch lists all from top traders at ITMS.
thermal1
chartpattern
u05ikoren
We look at some intraday trades we made on Friday using the bear flag (consolidation) pattern. We look at where we bounced on friday, and the significance it has on market action. We also look at today's action and how we believe we could get a consolidation bounce which could give bears more fuel to bring this market down in a sustainable fashion at first, and then in a capitulation bottom. The VIX is important to look at as it might consolidate downwards soon and shoot up much higher later. We believe that the markets could fall to at most 50-55$ on the SPY, although a better target would be around 65$ which would be timed with a topping on the VIX at a resistance line.