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Mark's Weekly Trading Log (12/17-12/21)

Dec. 23, 2012 6:54 PM ET
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Log Entry 12/23/12.

Week ends Up from 1413.58 to 1430.15 , 16.57 handles or 1.17%.

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SPX Monthly trend lines.

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S&P Weekly Charts.

Weekly intermediate term trend lines.

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Closer Look.

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SPX ADX/DMI MACD Weekly Chart.

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SPX Weekly Measured Move Up.

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SPX Weekly Inverted Head and Shoulders.

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Daily S&P Charts.

Intermediate term trend lines.

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Closer Look.

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Near term trend lines

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SPX 3yr. Regression Channel.

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SPX Regression Channel, closer look.

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Andrews Pitchfork.

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Andrews Pitchfork closer look.

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Quote:

50 day SMA and the 200 day SMA.

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50 day SMA and the 200 day SMA.

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SPX Daily McClellan Oscillator and Summation Index.

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NYSE Advancing/Declining issues.

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Daily Chart Pattern Updates.

SPX Daily Candle/Pattern Analysis Worksheet

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SPX Daily long-term Flags.

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SPX Daily Flat Base chart.

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SPX Daily Symmetrical Triangle

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Quote:

SPX Daily Measured Move Up. (Target met)

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SPX Daily Measured Move Up. (New)

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SPX Daily near-term Bull Flag

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Quote:

SPX Daily Inverted Head and Shoulders.

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SPX Daily Inverted Head and Shoulders.

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SPX Pattern targets updated.

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Volume.

/ES Daily Various VAP POC.

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Risk.

Daily VIX.

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/ZB 30yr. US Treasury Futures.

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/DX US Dollar Futures.

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/DX US Dollar Futures, Head and Shoulders.

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Portfolio.

No trades this week. However, (The kiss of Death) Just when I put in an order (approx. 100$) for one lot of UPRO,

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That I bought for 75.50,:

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The market retreats.mad.gif This is second time, prompting me to don my:

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and curse 2guns.gifthe Market Makers for watching my orders and pulling the plug before I could get over on them.laughing.gif

Current Portfolio:

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Guesstimated Projections.

This is the final part of my log where I throw a guess out there for fun.
This is not to be taken too seriously. But I do think it's good to get down on record

the current thought process and expectations for later critique.

Last weeks projections:

Quote:

This Week and to conclude.

This week a cross below IHS throw-back and a rubberband effect

below the 50 day SMA to slingshot upward above throw-back and Daily Measured Move target.

Weekly Projection:

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Daily Guesstimate.

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This Week and to conclude.

This market is said to be driven by the news (fundamentals) from the current spotlight on Washington.

But, the Technical Analysis is speaking to me, reflecting the indecision.

The bottoming and topping tails have been good at showing support and resistances.

Ranges being stomped out and trend lines respected.

That /es drop was bought up says bullish to me.

This week I think that bottom will be felt out again before moving up.

Going over the different time frame charts:

Monthly = Neutral

Weekly Mixed = Topping Tail = Bearish DMI MACD = Bullish
Daily trend slightly Bearish, but holding as much gains as it did = Bullish / Regression = Bullish / Inverted Head and Shoulders = Bullish

Daily Symmetrical Triangle Bearish

VIX Bullish

HS on the /DX = Bullish stocks

Total Bullish out weighing the Bearish. = That's it decision made. Voting Up in the poll.

Weekly Projection:

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Daily Guesstimate.

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That's it for this week. Stay tuned same Bat Time same Bat Channelthumbup.gif

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Get in your Votes HSM.

Link to Weekly Poll

Link to Monthly Poll

Link to Quarterly Poll

Member Voting Record 2012.

Member Voting Record 2013.

Other Links.

Links to S&P DX Comparison Spreadsheet.

Data From Jan.

https://docs.google.com/spreadsheet/ccc?key=0AjcECxXNIPcKdGJBV2pCdFdObms5OXBPR3dOb1ZfeVE

This Google Doc. link is a complete List of my shared Google Doc links.laughing.gif

https://docs.google.com/document/d/1Ntcn3LkoQTOr9Fh9r3eMlMOEOE-kLcRgf5WmXdizOCc/edit

I try to keep them current, but sometimes links will have to be updated.

References:

Chart patterns, candlestick formations and measurements:

http://thepatternsite.com/chartpatterns.html

News, Futures, Screener and more.

http://www.finviz.com/

Software:

Ubuntu Linux OS
Ubuntu Gimp image editor

Mozilla Firefox, Opera, Google Cromium and Google Chrome browsers

TD Ameritrade TOS (thinkorswim) Platform (paper trade account)

***Here is my default workspace xml file from my Ubuntu Linux opt/thinkorswim directory.***
**Right click on link to save as file to your computer.**

http://ubuntuone.com/5fM5JjzKZ2NWE7UJiErr0a

Oanda Forex

Etrade

Disclosure: I am long UPRO, AAPL, T, FCX.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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