Category Archives: Misc. Setups

TBT (ProShares UltraShort Lehman 20+ YrETF) – Short term Long

This is purely a short term technical play.  The fed chairman is maintaining a dovish stance, so from a macro standpoint, interest rates are not expected to rise any time soon. Long around the 64.5 area. Advertisements

Posted in ETF, Fibonacci, Fixed Income, Misc. Setups, TBT | Leave a comment

CRM ( naked (short) put

CRM has fallen around 14% since it’s latest high at the end of Feb – earning were on 2/27.  Implied Volatility is high making premium selling attractive.  Price is also around the 618.8% fib retracement of the AB up move … Continue reading

Posted in CRM, Fibonacci, Implied Volatility, Misc. Setups, Misc. Underlyings, Options, Short Put | Leave a comment

S&P 500 – Broad Market Perspective

The market has proven all doubters wrong repeatedly and conceivably could continue to beat up any bear out there, if the recent or not so recent trend is to serve as a precedent.  Having said that, there is merit to … Continue reading

Posted in Calendar, Diagonal, Divergence, Fibonacci, Indices, Misc. Setups, Options, SPX, Vertical Spread | Leave a comment

Asset Class Rotation Strategy Using ETFs

This post is a bit different to the other material I’ve submitted on this blog. I wanted to try and evaluate different strategies for sector/asset class rotations based on certain criteria such as performance etc. I have been playing around … Continue reading

Posted in Asset Class Rotation, ETF, Misc. Setups | Leave a comment

AAPL – Demand Zone (Support)

Click here to view the chart. Not an underlying I generally trade. However, I see the 2 zones referenced on the chart as areas for initiating long positions – trading as opposed to buy & hold. 431-418 & 390-363 This … Continue reading

Posted in AAPL, Fibonacci, Misc. Setups, Misc. Underlyings, Support (Demand) - Resistance (Supply) | Leave a comment

GBPJPY – Potential Bullish Butterfly

Click here to view the chart. – Potential bullish butterfly emerging on the 4 hour time frame – Could reverse off Zone 1 (previous demand zone 1) – in that case it wouldn’t be a valid butterfly. – Reversing  off … Continue reading

Posted in Butterfly, Fibonacci, Forex, GBPJPY, Harmonic Pattern, Misc. Setups, Support (Demand) - Resistance (Supply) | Leave a comment

Silver – Looking for a bounce

Click here to view the chart. – Approaching an area of demand. – Confluence with the 50% Fib retracement of the AB move up – Price also approaching the 200 SMA Observe price action (candlestick formations etc.) once price reaches the level.

Posted in Commodities, Fibonacci, Misc. Setups, Silver, Support (Demand) - Resistance (Supply) | Leave a comment

JJS – Looking for a bounce

Click here to view the chart. The “Softs” (such as coffee, cotton, sugar, orange juice etc.) have been beaten down significantly over the past 18 months or so.  Expecting a move up in this sector in the near to medium term.  Looking to play this via … Continue reading

Posted in Divergence, Fibonacci, JJS, Misc. Setups, Softs, Support (Demand) - Resistance (Supply) | Leave a comment

GLD – Approaching Demand Zone on Daily Timeframe (Looking for a bounce)

Click here to view the chart. – GLD approaching a demand zone on a daily chart (support) – Area also confluences with the 200 SMA & the 50% Fib Retracement from the last significant move up (AB). Would look for … Continue reading

Posted in Commodities, ETF, Fibonacci, Gold, Misc. Setups, Support (Demand) - Resistance (Supply) | Leave a comment

S&P 500 Potential Bullish Gartley

Click here to view the chart. – The S&P 500 index might be close to completing a bullish Gartley on the daily time frame. – The PRZ confluences with a demand zone as well as the 100 SMA. Would be … Continue reading

Posted in Fibonacci, Gartley, Indices, SPX, Support (Demand) - Resistance (Supply) | Leave a comment