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DTV is basing nicely on daily. Not a super fast stock, but it could lead to a few point move through the 42.25 area. On the weekly chart (attached), a bull flag with two inside bars is forming. http://independent-trader-ken.blogspot.com/

Watching MON for short to the 47 level.

XLF basing under 200-day moving average the past two days. Yesterday created an NR7 bar on the daily. I might look to play this through FAS (3x financial bull etf). GS looks like it will at least get to resistance at 155. If anyone else has some good setups in individual financial stocks...

Good morning, CLF has a nice spot at 67 to watch for a breakout. http://independent-trader-ken.blogspot.com/

GOOG is breaking out http://independent-trader-ken.blogspot.com/

Going to be watching the 40 area for a short on this stock. 50 day moving average at 38.65 a good target. Ken http://independent-trader-ken.blogspot.com/

Purpose of this weekly look is for me to keep big picture of markets in mind and to know important levels in the indices. I'm not trying to make any predictions, rather just looking at big picture and writing down my current thoughts about important levels. With that in mind, I would say I'm...

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This journal will be a weekly look at the major indices from a technical perspective. Comments and discussions are welcome. A big picture view (2 years) and a close up (approx 6 months) will be looked at for the S&P 500 (SPY), Dow (DIA), Nasdq 100 (QQQQ), and the Nasdaq Composite (COMPX.X)...

A few weeks ago the NYF Dot routed market orders stopped working for me and today the Limit orders were down. Is anyone else having the same issues?