CME (BOUNCE Pattern: BUY)

   CME showing BOUNCE Pattern on the weekly chart. I don’t like how the CME closed though, so I plan on either selling all or partial shares. My stop will be placed low of last month. 

SPY & SDS Observations 10.22.07

SPY Observation 10.08.07

So far, SPY is up four weeks in a row. Can SPY make it five in a row? I did some research by looking at the weekly chart of SPY to see what happens after being up four weeks in a row. To my amazement, 10 out of 10 times the SPY went up on the fifth week.

SPY Observation 10.03.07

Today I did a research to see how many weeks 5 WMA(Week Moving Average) closed above 15 WMA(Week Moving Average) since the bull market started.