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Some of the nicer charts going right now in a tough market. Plus added one of these cheapo sloppy charts because I think ROYL could have a nice move.

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I’m looking for the market to move higher. However, I’m not getting married to this. The trend is down, but based on my experience looking for the market to move and then cause a long signal, and then it will actually be a SHORT signal. Market does this type of action after a “complete screwover.” …

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This is how I learn. Nothing, but clear sailing. Currently long 2x index funds, DGP, ABAT, USO calls, ERX, CLNE, CZZ. If you want the particulars, check the twitter feed.

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In addition to these, looking at AEM, NEM, GLD, GDX. The market actually needs to move down a little further and more short ideas will emerge and many would be longs (if we closed the week right here) will likely swap over. If this whole scenario doesn’t play out, it may just be time to …

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About this chart: I haven’t posted one of these in awhile, but tonight makes a lot of sense considering the trading action today. I chart support and resistance levels based on my own custom indicators. Its not traditional and nobody else (that I know of) does this. There are patterns I’ve noticed that I did …

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