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Charts, Stock Picks, and Technical Analysis from an Online Stock Trading Veteran

February 28, 2010

Index and Retail Charts – End of February 2010

Filed under: Stock Sector - 28 Feb 2010

We’ve got a battle going on between the bulls and bears here.  Back to 1110 on the spooz to end the month of February; 1106 on the SPX. Basic monthly indecision.

Higher lows on the weekly chart.

A flatline 50dma on the SPX daily.  It’s still a hit and run environment with no trend intact.

Retail marched right back in February to a new yearly high.

February 24, 2010

Looking for Short Entries – 022410

Filed under: Online Stock Trading - 24 Feb 2010

The market’s bouncing hard today, after finally pulling back yesterday.  I do not think this bounce will hold.  Looking for intraday entry points in ETF shorts.  A failed breakout on a 15min chart for example.

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