Posts Tagged ‘Pullback’

July 23, 2010 ftv noon report

Sunday, July 25th, 2010

Hello again all, Nice working with you in this interesting intra-day price action of the SPY. Wow. Very wild day (for me anyway). I hope you were able to use some of the levels defined this morning and that you can do the same with the ones outlined……



July 21, 2010 ftv noon report

Thursday, July 22nd, 2010

Hello again all, The SPY is not holding up as well as it could amid a majority of bullish news. This is a sentiment read as we ran into resistance at the 50ma on the daily. We discussed this in my morning video. Hope you are having a great trading……



July 20, 2010 ftv noon report

Wednesday, July 21st, 2010

Hello again all, Nice rally in the SPY this morning into some great and well defined prices. Watch the market internals in this area as they are divergent. Have a great rest of the trading day : ) Matador…



July 19, 2010 ftv noon report

Tuesday, July 20th, 2010

Hello again all, Nice to be with you at noon here at the beginning of the week : ) The SPY has experienced a sell-off here and a retrace and the market internals are suggesting a moderately bullish tone. I am still skeptical until we clear some……



July 16, 2010 ftv noon report

Sunday, July 18th, 2010

Hello all, The SPY is selling off nicely today with market internal confirmation. The TRIN is at an oversold level (to my eye), and needs time to come back from this area. As always, be careful on the long and short side after a move of this……