Weekly Stock Charts [Box Theory]

Jonathan Parsons Rank: 96 Followers: 5 Votes: 6 Years Member: 11 Last Update: 22 April 2014, 8:31 Categories: Chart Patterns
Trend Analysis
Volume Analysis

April 16th 9:20P Update: Target on $SPX hit @ 1854 on the 30m chart and then kept going a little. When bullish patterns start triggering and completing, that's usually a bullish sign in itself - meaning that often leads to more bullish patterns triggering and completing. Indicators are still mixed on the $SPX, tho. My preference is to switch gears a little and trade things that aren't having mixed signals....some ideas include DVY, XLE, and XLU. I'm in DVY (and IVE), but really anything somewhat boring with a value tilt that pays a dividend is fine. I plan on taking some profits this week as I'm anticipating more tree shaking (and pullbacks). Bonds are still strong which is somewhat surprising to me. GDX can't seem to catch a bid but price is stalling out in a diamond pattern on the 30m (I took a stop in DUST today to lock in profits). No idea which way it will break, but the diamond should break tomorrow. Good luck all.

Less

$ *WELCOME* $

$ Bullish Stock Screen Results

$ SPX0 - Monthly Overview

$ SPX1 - Weekly

$ SPX2 - $SPXA50R

$ SPX2b - Accumulation/Distribution

$ SPX3 - Daily

$ SPX4 - S&P 500 Bullish Percent Index ($BPSPX)

$ SPX5 - 30 min

$ SPX6 - 15 min

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.