Short Trades Category Updated

The following recent Active Short Trades will be moved to the Completed Trades category in order to make room for some more attractive trading opportunities.  Some of these trades hit a profit target while others fell short of their first profit target and have exceeded their previously suggested stop level and/or any reasonable stop level, [...]

Jan 21, 2014 10:35am|Categories: Completed Trades - Short|Tags: , , , , , , |Comments Off on Short Trades Category Updated

HIG Short Setup

HIG would have to rank amongst my favorite setups right now as the stock looks to offer an objective short entry on a break below this daily uptrend line/bearish rising wedge pattern.  Both the weekly & daily charts are in alignment for a potential multi-month swing short trade to my preferred target of 23.20. More [...]

Aug 8, 2013 10:52pm|Categories: Completed Trades - Short|Tags: |Comments Off on HIG Short Setup

financial sector bear-flags

when i look at XLF (financial sector etf) and it's components, i see tons of bear flags and bearish pennants on the daily to 60 minute frames.  here's some 4 hour charts and several XLF components.  i'm aware that the last few days have had an underlying bullish tone, with the markets rallying into the [...]

May 25, 2012 2:31pm|Categories: Equity Market Analysis|Tags: , , , , , |Comments Off on financial sector bear-flags