Posts Tagged ‘trendline’
Posted by StockRake on September 4, 2009 in Gold Stocks, Leveraged ETFs, Leveraged Funds, Oil Stocks, Technical Analysis
How My SPX Plan Worked This Week
These are reposts from: 9-1-09 ———— This is what happened: Utilizing this information, my index trading account hit a new high for the year. Not a new high, just a new high this year. Its a positive development that you can take and build on if you are in the same position. ———— My recent …
SPX Trendline Support and Resistance
SPX is right around some major inflection point, but both the RUT, and the COMPX have considerable upside room which makes me think we are going to see the SPX break this trendline to the upside. After the break I think it will selloff to test the line causing a break even for the week …
Posted by StockRake on November 28, 2007 in Market Comments, Stock Comments
Bears Getting Roasted Today
Markets are screaming higher today. SPLS – Staples is up another 5.4% today based on Goldman Sachs upgrade raising them to the top of their retail buy list. Thats 22% in two trading days off the bottom. I hate being early. SNDK – Breaking a downward trendline today and the buy signal went on a …
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