Below is the Chart Chat video Jack and I just recorded? for August 9th. This session was an hour in length and we covered Indexes including International,? Bonds, Currencies, Energies, Precious Metals and during the Q&A session we covered AAPL, URA, International Indexes and a few Technical Analysis questions.? I cut out the Q&A session to reduce the space/upload time. Good questions in the Q&A which Jack and I appreciate.
Please don’t forget to sign up for next Chart Chat next Sunday, August 16th — here at this link: https://attendee.gotowebinar.com/rt/3613136314343451905
Jack and I have received emails requesting more detailed charts and more education on the unique approach we use. We will be offering in September a subscription based screen shot service which will cover long term charts down to hourly per instrument that we cover and we will be offering trader education webinars to learn more about technical analysis and some of the proprietary approaches we use. We will be sharing more later this week.
Please make sure the HD button is on and you maximize the screen for best viewing. The HD version should be done 20 minutes after this post goes up. Until then, this is the SD version. You may wish to wait for the HD version for best viewing.
Good luck this week. 🙂
Fantastic webinar guys! Much appreciated. I wasn’t able to attend live and am just wondering if someone who did can fill me in on where Jack and Stan believe we stand on URA? TIA
Stan and Jack,
Thanks so much for a great webinar. Look forward to another good week. Best wishes for successful trades to all!
Frank
At monthly pivot this morning, break thru and backtest that finds support above 83’s and we likely open new highs – Resistance here and we likely see the bottom of the range, break of 62 we open 39’s
Figures are for ES, aren’t they?
I’m enjoying your videos very much! It’s refreshing to see someone use both median lines and Elliott Wave theory. I use stockcharts.com, and I discovered something about monthly pivots that may answer a question for some of your readers:
“Pivot Points for daily charts use the prior month’s data.” – this is not what I had assumed, but it certainly explains why your monthly pivots for ES are so close to the ‘daily’ pivot on SC.
Thanks, Stan, for your guidance!
Yes! Great stuff
Moving fast this morning ,Above the pivot & at 2088 as I post: May get the back test decision be for the open
Looks like it is rolling over but I would be happier if it would test the middle BB on the daily cash
On the hourly chart support is on a 161.8 fib from Friday http://stockcharts.com/h-sc/ui?s=%24SPX&p=60&yr=0&mn=1&dy=19&id=p03969784181&a=415644545
I think ES could find some resistance near 2090 (89 is top so far today so may be in) then will watch and see how the backtest gets on……
See it, There is another funny little trend line in play now Thin Black http://screencast.com/t/dKQyZnGNuuEs
Well that ran a bit more than expected but for the umpteenth time this rangebound choppy market squeezed higher on very low volume. Still waiting for that elusive retest!
Do you guys hang out and post any where…. Stocktwits , twitter ?????????
Closed out LONG position.. Wanna see the SPX close to start a new one..
Nice rejection on USD at 9760 this morning (GMT). Currently retesting that 9710 area, Still haven’t tested Stan’s rising trendline which is just over 9690 on a bloomy tick chart today. Break of that and we probably test old support in 9630 area which is a also a possible dbl top trigger targeting 9450 area