- WE'RE JUST RANDOM SPECKS OF DUST IN A TORNADO TO THE MARKETS .......
- CHARTISTS MUST PUT ALL BIAS ASIDE AND LET THE CHARTS DO THE TALKING OR WE'LL SEE ONLY WHAT WE WANT TO SEE
- This blog has a copy of all header posts that I publish anywhere, so that those interested in seeing what my thoughts are on the markets can find them easily.
- I will be answering questions and responding to comments, so feel free to respond to any posts and I will see your comment even if it is not on the most recent post.
- If you're interested in seeing any intraday charts I post, I do that on twitter, and my twitter handle is @shjackcharts.
- The charts in the posts are as large as I can practically make them. if you would like to look at one more closely, click on it, and the link will take you to a larger version at screencast. If you click on that again, you will get a full page version, and can use the resizing function on your browser to enlarge parts of interest further.

Thursday 22 September 2016

Pre Market Review Video

Everything going as planned on the bull scenario so far with SPX breaking up yesterday and closing back above the daily middle band. We may well see a backtest today but the main thing to watch is that SPX doesn't deliver a rejection candle that invalidates yesterday's break up. I'm not expecting to see that but it's always something I watch for after a middle band break.

As long as we don't see that rejection candle we're looking for a retest of the ATH and possible higher high with an ideal target at that retest or in the 2210 area. The high window opens tomorrow and lasts a week or so. We are expecting to see a significant high in the window that would be followed by a larger retracement.

Pre Market Review Video for Daily Video Service subscribers at theartofchart.net:
Stan and I are doing a free educational webinar after the close on Thursday next week. The subject is 'Setups, Entries and Exits - How to make money in trading even when you are wrong'. That's a free public webinar and if you'd like to attend you can register here.

As I mentioned yesterday we are increasing prices on the Daily Video Service and Triple Play Service at the end of next week, so if you're thinking of subscribing you can lock in the current price by subscribing before then. Free trials for the Triple Play Service are available here.
Posted by Springheel Jack at 09:19
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