DreamboatAnnie's Account Talk

[SoTex]

Me too!:notrust:

 

[bleeck]

I read someplace this morning that the [FONT=Arial, Helvetica, sans-serif]Russell Indices (IWM and others) will rebalance at COB Friday, so some swings maybe?[/FONT]

 

[DreamboatAnnie]

I tend to think it could go up more before hitting resistance. Not sure on move just yet...but leaning to move in...maybe tomorrow.
C Fund did fall below longer term trend line (blue) but popped back above it. Both C and S fund are above 3,7, 10, 20 MAs...good!

Here are charts with some new lines.

Best wishes!

 

[DreamboatAnnie]

VIX and 10- year yield ($TNX) down a bit and Tran ($TRAN) and momentum($MTUM) going up and UUP dollar slightly up at this point in the day.

 

[retread]

I noticed RSP, equal weight S and P, is struggling to capture it's 50 day MA. IWM also hitting a descending line of resistance that started last week. I think SPX and the Q's are being held up by just a handful of big tech companies. That's not enough to entice me to jump back in. I think I may wait til both SPX and DWCPF have cleared that long term sideways channel they've been in since the spring.

 

[DreamboatAnnie]

Hi Retread, I tend to see that as well... Its a hard decision based on roller coaster its been on for months now. I would be happy to catch one more little upswing this month. :smile:

I'll need to take look at RSP. Thanks!:smile: And Best wishes to you and everyone!

PS. As an extra view, I usually look at SPY (tradable EFT) that tracks SPX and IWM, but I am definitely going to check RSP (equal weight S&P) tonight.

 

[DreamboatAnnie]

Here are charts as of few mins ago. S fund broke above its major upper trendline temporarily this morning (see candle wick), but then dropped back down and so far holding at that resistance line. Really want to enter but holding for now.... Best wishes to you all!! :smile:

 

[DreamboatAnnie]

Here is how it closed, but doesn't look much different from this morning.. Oh well.... Nothing broke through any upper trendline. This roller coaster is driving me CRAZY, but Definitely feel like I missed the entry....it was a quick one. It is now back where it was 7-8 days ago for S and C fund... But, the I fund has not yet popped back. On I fund, Slow Stochastic is starting to turn up but others still not changing direction.

After that miss, I think I'll go sulk and watch a ShowTime series! Hummm... Only 5 days left in June. Will see what happens....futures are up a little right now...

 

[Whipsaw]

Looks like its trying to break through at this point.

 

[DreamboatAnnie]

What can I say other than S fund is Breaking out! Now what? Its high but.... Will likely still enter. I understand banks will be doing stress test required by Fed. Per Ira Epstein, he thinks it will be okay. Hummm... Thinking to enter S and I fund.

Here are charts as of a few mins ago.

 

[DreamboatAnnie]

Here is broader view of S fund. It will probably come back to test its new support line.

View attachment 49691

 

[DreamboatAnnie]

No entry

 

[tsptalk]

Here is broader view of S fund. It will probably come back to test its new support line.

View attachment 49691

It doesn't look like this attachment worked. :scratchchin:

 

[DreamboatAnnie]

Sorry about that last file. Not sure why that sometimes happens.

Here are today's charts... Best wishes to you all! :smile:

 

[DreamboatAnnie]

Market continues to rise, C fund making all time high. Looked neutral earlier but looking good now. Will see how things go on Monday.

Wishing you all a Great Weekend!

 

[DreamboatAnnie]

Hi...Here are daily charts. Still just staring into the wild blue yonder! Lol..

Will wait for retest of line around 2245. Looks like it will drop a bit for that test.


Hitting resistance, but looking good.


Breaking below minor, short-term trendline so far today. What's next?

 

[DreamboatAnnie]

Here are WEEKLY charts for broader perspective. I will be out most of this week, so posting may be very sporadic if at all.

Hitting resistance, narrowed Bollinger Bands. Negative divergence with MACD. Hummm...???


Lower trend line is now resistance. Negative divergence with MACD in June. But looks to be continuing its chug uphill.


I fund just moving sideways a bit now... Ughh..Does look like it will move down per the indicators.

 

[DreamboatAnnie]

Here are charts as of a few mins ago. :smile:

 

[DreamboatAnnie]

I entered 100% S fund a bit ago. I expect price to drop to test the new support line and then move up from there. Not wanting to waste IFT by waiting so jumped in a bit early. Best wishes to you all ! :smile: PS. yes I know, asking Tom to correct AT to S fund. But do have that correct with TSP.

 

[DreamboatAnnie]

Oh if it breaks through support at around 2248-2249, I would consider exit depending on how much it broke that support. Then the next line of support below that would be around 2228 (dark red line, when extended out)