JTH's Account Talk

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Looking at the 15-Minute chart, we have 2 unfilled gaps to contend with. On the 1-Minute chart there is a morning gap at 1877 that was filled at lunchtime, there is also lots of noise at 1880. This 1880 IMHO is the key level to watch. In addition, we only have .77% left to 1900, therefore I'll estimate tomorrows range will fall somewhere from 1880-1900 with a preference for a flat close +/- .25% I also think we'll save 1900 for Thursday/Friday.

OBTW, what I think doesn't really matter, price pays...

View attachment 27926
 
jth
what you think does not matter, but i like what i'm hearing. BRING THOSE NEW HIGHS AGAIN AND AGAIN AND AGAIN ETC...

JTH said:
Looking at the 15-Minute chart, we have 2 unfilled gaps to contend with. On the 1-Minute chart there is a morning gap at 1877 that was filled at lunchtime, there is also lots of noise at 1880. This 1880 IMHO is the key level to watch. In addition, we only have .77% left to 1900, therefore I'll estimate tomorrows range will fall somewhere from 1880-1900 with a preference for a flat close +/- .25% I also think we'll save 1900 for Thursday/Friday.

OBTW, what I think doesn't really matter, price pays...

View attachment 27926
Click to expand...
 
Since you is here. With the possible break down of bonds do you think the go away for May holds true for equities? Just trying to fore thought next month.;)
 
JTH said:
Looking at the 15-Minute chart, we have 2 unfilled gaps to contend with. On the 1-Minute chart there is a morning gap at 1877 that was filled at lunchtime, there is also lots of noise at 1880. This 1880 IMHO is the key level to watch. In addition, we only have .77% left to 1900, therefore I'll estimate tomorrows range will fall somewhere from 1880-1900 with a preference for a flat close +/- .25% I also think we'll save 1900 for Thursday/Friday.
Click to expand...

As expected, prices are in consolidation mode, it's a good thing, we can see from the yellow circled price bars that we were losing momentum (steam.) From here we can build up more steam for the next leg up.

This may turn out to be the best play of the year...

View attachment 27939
 
JTH said:
As expected, prices are in consolidation mode, it's a good thing, we can see from the yellow circled price bars that we were losing momentum (steam.) From here we can build up more steam for the next leg up.

This may turn out to be the best play of the year...

View attachment 27939
Click to expand...

What's your next TZA line to watch? 14.80?
 
Sell in May and go away is yet another great way to prove that market timing really does work. Some people refuse to believe in timing, but the facts speak for themselves. And this is just one way that market timing can work. There are many, many others. I think you can use multiple strategies to gain an edge on the market. It's the smart thing to do, and will help you grow your wealth. (Sorry Chief, but I just had to put in a plug for what I believe in). Snort.
 
JTH said:
IFT 100% G-Fund EoB today 3 April 2014
Click to expand...

Not a terrible move, will probably be adjusting the next few days. Especially with this jobs report, and the always overlooked International Goods and Services Report (exports, imports, trade balance all that good stuff).
 
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