Chart to Watch - SPY

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the SPDR S&P 500 ETF (PACF_SPY).

I hope you are having a GREAT week !

This week let's take a look at the SPY (the S&P 500 ETF), which tells us the direction of the general stock market.

When trading stocks with MarketClub we use the monthly Trade Triangles to tell trend and the weekly Trade Triangles to time the trades. Continue reading "Chart to Watch - SPY"

Chart to Watch - SPY

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the SPDR S&P 500 (SPY).

I hope you are having a GREAT week !

The all time high for the SPY is 157.52.The current rally high was made on 02/19/13 and was 153.27. Continue reading "Chart to Watch - SPY"

Chart to Watch

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of SPDR ETf S&P 500. (SPY) Continue reading "Chart to Watch"

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A new market, but the same indicator we've been using all week to conquer it

You only have to watch my earlier videos to see that it has performed very well this week in gold as well as the crude. In today’s short video I want to share an ETF that is setting up nicely and should be giving us a buy signal using the same strategy that we used in the earlier gold and crude oil videos.

This ETF which closely follows the Swiss Franc (symbol FXF) is one you may want to take a look at. As you may be aware, the Swiss Franc is independent of the euro zone and is a separate currency that is backed by the Swiss government.

Continue reading "A new market, but the same indicator we've been using all week to conquer it"