Friday, June 21, 2013
Thursday, June 20, 2013
What Fed Taper, Quad Witching OPEX and Summer Solstice can do to your charts (and your risk capital)
Here
is the WEEKLY chart of SPX and NDX…. Notice the outside bar reversal and today
is only Thursday and tomorrow is Quad-witching OpEx and Summer Solstice. We can see 1566 (WS3 Level) and then 1535 (-1
sigma).
We
will maintain our short position on SPX (since 1636) with www.TimerDigest.com for now.
Good Luck…..
Updated Timer Chart
Currently, NYSE McClellan Osc is at -225 & last night NYSE Down to Up Volume Ratio hit 11.5 for NYSE.
On June 6, NYSE McClellan Osc hit -311 (SPX closed ~1609), on June 12 it hit -284 (SPX closed 1612) both above 50-day MA (cyan on the chart above).
Today we are below 50-day MA....if 1590 on SPX does not hold on closing basis today, tomorrow could be bloody... who wants to be long over this weekend any way!
FOR NOW, WE WILL KEEP OUR SHORT SPX with Timer Digest !!
Successful Trading Plans Need Exit Strategies - Pirouz Hendi Interview
In this part of the interview, Pirouz emphasizes the importance of having an exit strategy. This, he says, is what causes the most trouble for beginner and intermediate traders. MarketHeist’s Jeffrey Lin interviews Pirouz Hendi, Stocks Strategist for Hamzei Analytics’ HFT Stocks & Options.
Wednesday, June 19, 2013
Subscribe to:
Posts (Atom)
Disclaimer and Terms of Service
© Copyright 1998-2023, Hamzei Analytics, LLC. Hamzei Financial Network is published by Hamzei Analytics, LLC, Naples, FL 34112, Admin@HamzeiAnalytics.com (310) 306-1200. The information herein was obtained from sources which Hamzei Analytics, LLC believes are reliable, but we can not and do not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Hamzei Analytics, LLC or its principals may already have invested or may from time to time invest in securities or commodities that are recommended or otherwise covered on this website. Neither Hamzei Analytics, LLC nor its principals intend to disclose the extent of any current holdings or future transactions with respect to any particular security or commodity. You should consider this possibility before investing in any security or commodity based upon statements and information contained in any report, post, comment or recommendation you receive from us. The content on this site is provided as general information only and should not be taken as investment or trading advice. Any action that you take as a result of information, analysis, or conclusion on this site is ultimately your responsibility. Always consult your financial adviser(s) before making any investment or trading decisions.
