Neutral Range / Flag
As mentioned on the show last night, the market is forming a flag. The 5-day chart of the SPX is shown marking the neutral intraday range. Pay attention to any breaks in the range.


As mentioned on the show last night, the market is forming a flag. The 5-day chart of the SPX is shown marking the neutral intraday range. Pay attention to any breaks in the range.


Posted by The Chart Addict on Wednesday, January 27, 2010 at 8:18 am
Filed under Daily Technical Recaps · Tagged with
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needle dick the bug fucker (1 min ago) http://www.business-standard.com/india/news/a-bitter-pill-to-swallow-for-sugar-companies-prices-decline-by-22/388796/ Sugar in India.. [...]
TA (11 mins ago) Hurt like hell to take a few profits here but everywhere I looked, there's just overextended charts and also ran setups. I must have looked [...]
Le Fly (13 mins ago) Warning All blog arguments should be held on jakes blog, not here [...]
Le Fly (13 mins ago) Jake You are too cocky for a guy with a bullshit bbery [...]
JakeGint (18 mins ago) Responding. Whatttup? _______ [...]
Pissant (1 hour ago) Horrible cover hahaha. [...]
Pissant (1 hour ago) Covered JOEZ @ 2.62 [...]
NerdyT (2 hours ago) Watched your archive video on dojis. Awesome! Thank you for that! Looking @ BKC for a trade. [...]
The Chart Addict (3 hours ago) out $HOG 28.29 limit b/e, too slow [...]
The Chart Addict (3 hours ago) reduced $HOG to a small "i dont care" pos 28.30. [...]
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RaginCajun (4 hours ago) CCME also looks great, will be buying soon. [...]
RaginCajun (4 hours ago) indeud. [...]
Joe (4 hours ago) The setup just keeps getting better here, If it doesn't BTFO this year it'll be upset of the year for me. [...]
RaginCajun (4 hours ago) Jake, you still holding PCBC? been up everyday the last few weeks. [...]
Mike (3 days ago) How do you think BPI will perform going foward? They've been crushing earnings and are growing insanely fast. Trading at just over $20/share [...]
OpihiMan (4 days ago) Gio How's GMCR looking to you? [...]
Teahouse On The Tracks (4 days ago) HK looks like a descending triangle trying to break out today ... you sticking with the short bias? [...]
Po Pimp (7 days ago) I love energy stocks, just not right now. I'm keeping my long term holds in place but definitely not adding anything at these levels. I've [...]
DownTick (8 days ago) Shorting GMCR = Graveyard of Empires [...]
Jayhawk91 (17 mins ago) Cornell could give UK fits...they almost beat us at home. Very solid b-ball team. [...]
Jayhawk91 (18 mins ago) Well, anything the smells like capitalism needs to be taken out! [...]
TA (36 mins ago) Facts 3,4,5,6,8,9 and 10 are not suprising facts - you get what you pay for Which is why we need a 2 tier system Fact 1,2,and especially [...]
DPeezy (47 mins ago) You're living in the past man! Capitalism is soooo 20th century. Like, for reals! [...]
Jayhawk91 (1 hour ago) I'm think they are intentionally trying to take down the entire capitalist system once and for all. [...]
Mark (1 hour ago) Hi Woodshedder, three thoughts I would like to share: 1. Have you tried using some variation of MACD to rank relative strength, i.e., th [...]
eber terandst (3 hours ago) What is the average trade % ? Thanks eb [...]
Caffeinated (19 hours ago) Glad you got it removed, but I didn't think the hump was that noticeable. Good to hear all's well then. [...]
Michael (20 hours ago) Excited to see more - hope you feel better soon! [...]
JohnnyB (20 hours ago) Yes I agree...very useful at finding tops. [...]
Danified (4 hours ago) Reminds me a lovely Sunday stroll thru the eight circle's hell in Dante's Inferno. [...]
JakeGint (4 hours ago) 1983-2007. Give or take a couple of bumptious years. _______ [...]
sniper6 (5 hours ago) word up [...]
Sub-Piker7777 (9 hours ago) Danny I'm not a troll, I just disagree with you about the anti-boomer rhetoric. Please explain how " the baby boome [...]
Danny (22 hours ago) Thats the main one. [...]
henryfool (2 hours ago) Sorry Guys I'm out for now. Action SUCKS Taint! [...]
henryfool (2 hours ago) If you want action get on board with END [...]
Scavenger (5 hours ago) Bought some CLWT today. My CYBX, MRX and SNTS holdings are looking OK. Disappointed in my ARNA and BSX (bought it the day before the sel [...]
henryfool (6 hours ago) * Auditors express doubts on co's financial position - If you didn't realize a small biotech company runs this risk then you were ill inform [...]
A Monkey With a Dart Board (1 day ago) DIVX! get out at 7.50? [...]
Wall$treetKid (4 hours ago) Great stuff [...]
robert (9 hours ago) Thanks! Good links. I should have guessed ALA would be in the space. Unsurprisingly, there are also a number of Japanese companies pulling i [...]
Teahouse On The Tracks (13 hours ago) ALA http://www.3-5lab.fr/aboutus.htm II-VI http://www.iiviwbg.com/products.html Have had AXTI on my watch list for awhile now .. [...]
Wall$treetKid (1 day ago) Great post [...]
The Fly (2 days ago) Another excellent contribution. [...]
allan (6 hours ago) uh oh uptick rule? :) [...]
pharkle (6 hours ago) Great call Scott! [...]
Danny (19 hours ago) scotts work is excellent, and even though I fully agree that stochs as a predictive tool literally dont mean shit, at all, in any context, a [...]
AI (23 hours ago) Post like this one are why 90% of retail fails using dump shit like stochastics..... [...]
SiCam (24 hours ago) Al - Are you idiot or from a different planet? [...]
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Bought $ALTR 22.52
half $ALTR 22.65
other half $ALTR 22.44
Bought $GILD 47.46
Bought $SANM 14.40
$SANM out 14.36, $GILD out 47.65
Bought $GILD 47.8282
sold $GILD 47.90. cant stand the slowness anymore.
CLNE coil intraday.
JEF trying to break out of coil.
short aapl at 200.28
cover 200.24
short adbe 32.64
short drys
Bought SIRI@ .792
Bought $NLST 4.02/4.05
sold 1/4 $NLST 4.2601
Sold 1/4 $NLST 4.31
Sold 1/4 $NLST 4.20
Sold final 1/4 $NLST 4.42
CA- nice trading you did on NLST
Bought $GNW 14.168
Sold $GNW 14.32
Bought $YTEC 3.94
Sold 1/4 $YTEC 4.068
Sold 1/4 $YTEC 3.97
Sold other half $YTEC 4.04
BMY had some kind of bad news
If anyone else is still around here