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Mark's Weekly Trading Log (12/10-12/14)

Log Entry 12/16/12.

Week ends Flat/Down from 1418.07 to 1413.58, 4.49 handles or -0.32%.

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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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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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Closer Look.

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SPX 3yr. Regression Channel.

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Andrews Pitchfork.

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Andrews Pitchfork closer look.

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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 same as McClellan, neutral.

Instead as the year comes to close a look at a comparison to various sectors.

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Something is missing, Ah! I forgot a sector.2guns.gif

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Daily Chart Pattern Updates.

From my other intra-week thread:

Quote:

SPX Daily Candlestick/Chart Pattern Analysis Worksheet.

From the Pattern Site:

Quote:

A complex head-and-shoulders bottom is a chart pattern that looks like an inverted head-and-shoulders but with multiple heads, multiple shoulders, or sometimes both. The break even failure rate is low and the performance is good from this chart pattern.

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Quote:

The evening doji star is one of the better performing candlestick patterns. It has a high reversal rate, ranking 12th, and the performance over time is respectable, too, but not outstanding. A check of the numbers shows that downward breakouts are weakest, and upward ones are strongest with the bear market/up breakout configuration doing the best of the bunch.

Conclusion:

I think some near term weakness in store. (Dang, and I voted up)laughing.gif

Follow through from Inverted Head and Shoulders likely not coming this week.

A test of Inverted Head and Shoulder throw-back line (maybe as far down as 1410).

SPX Daily Candle/Pattern Analysis Worksheet

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SPX Daily Flags.

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SPX Daily Symmetrical Triangle

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SPX Daily Inverted Head and Shoulders.

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SPX Daily Measured Move Up. (Target met)

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SPX Daily Measured Move Up. (New)

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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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Portfolio.

No trades this week.

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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.

Looking for small gains this week, I think S&P will close near 1425 area.

Weekly Projection:

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Daily Guesstimate.

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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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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.

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.