Above is the daily chart of Russell 2000 (RUT) from last Friday, 10th June 2011. RUT is in downtrend and is testing its support, which is 765-775. With this we can anticipate what could happen next week and adjust our trading strategy regarding it. Overall I see the regional stock market are in downtrend in […] ↓ Read the rest of this entry…
Last Friday the Dow Jones has reversed to uptrend, now we can also trade the Exchange Traded Funds (ETF) like SPY (S&P 500 ETF) and DJX (DJI ETF). Trading ETF options is also possible in this case. My next target for SPY is Incoming search terms:ETF tradingexchange trading fundhow to trade tbt etf
Last night DOW shows strength and conformed with massive volume at the end of the trading session. So prepare go long for tonight. Happy trading. Brought to you by Sexy Tweet
Above is the Dow Jones Industrial chart (DJI) using regression channel. The 100 sMA is acting as the support and weekly chart shows however the 50 sMA as the price support. I think it will still going down a bit until the next support 1 and 2 as shows in the chart. Incoming search terms:regression in […] ↓ Read the rest of this entry…
US Market stock was falling down yesterday, continue last week downtrend move. If we look a bit of the channel in DIA, representing Dow Jones Index, it’s really conformed the trend. So waht is our trading plan ? For me, the best is wait at least until tonight as there will be so many important […] ↓ Read the rest of this entry…
This question is on my mind now try to predict where the US stock market is heading in the coming next week. Nobody can predict the market. But i took a look at some poll and most of us is still 50 : 50 regarding the US stock market direction in the coming weeks. Most […] ↓ Read the rest of this entry…
Recently and until now, Silver is still in downtrend. Recently I found an article wrote by Jay Kaeppel about the Silver Seasonal Calender. It is so an interesting article. Now we are in the neutral period and soon in the unfavorable silver seasonal period. His important conclusion is that : Incoming search terms:kelander period
iShares Silver Trust (ETF) or known with the ticker symbol SLV is very voaltile lately. Many Analysts recommended buy as Silver has risen faster than Gold. They forecast that Silver will rise to 50$. So many new trader, including me was buying the Silver ETF known as SLV lately. Still with Osama’s death many people hope […] ↓ Read the rest of this entry…
Yesterday, as I heard the Osama Bin Laden’s death by U.S. forces news, i thought and hoped that the US stock market will be closed positive and this was conformed with the strong Dow Jones future on morning +100. But that only lasted in the opening. The market didn’t react well yesterday until closing. DJI closed 3 points, […] ↓ Read the rest of this entry…
Do we need to have a strong brain memory for stocks or options trading ? What I mean here is that we know at least what position we have, what ticker symbol we want to trade etc. Of course we can take a note so that we can take a look at them anytime we […] ↓ Read the rest of this entry…