Stock Option Trading System » Wave

Options and Stock Market Technical Chart Analysis for August, 11, 2009 by Idan Koren

admin — Thu, 31 Dec 2009 20:15:37 +0000

Today we look at the sell off that broke the S&P channel, and how we played it short from both the XLF and BEN puts side, and the SPY puts side that were put on later that day. I added some GLD september puts in anticipation for a further move to the downside. Because not only the channel but a major support line was breached the next move could be another dump of stocks, there is however a potential for another small rise in stocks to form a more complete H&S formation on the 60 minute charts. It seems like there is a relatively clear path towards the 961 level on the S&P which is the neckline of the major inverse H&S that everyone has seen in the past. I also look at Gold (GLD), XLF, and BEN.

Duration : 0:5:1

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Options and Stock Market Technical Chart Analysis for June 30 2009 by Idan Koren

admin — Mon, 28 Dec 2009 23:47:38 +0000

Today I look at the SPY, GS, VIX, AAPL, AMZN and talk about some other charts as we end the month with a Doji candle and the day down with somewhat stronger volume. The action is still not bearish and is more neutral, wednesday and thursday will be incredibly important.

Duration : 0:8:38

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Channel Guy: Stock Market Technical Analysis for Ending Day 07/02/09 Part 3

admin — Sat, 26 Dec 2009 05:27:20 +0000

** IF YOU LIKE THE VIDEOS PLEASE SUBSCRIBE TO THE VIDEOS AT AskChrisHeTrades YOUTUBE CHANNEL** WATCH IN HD FOR CRYSTAL CLEAR VIDEO. YOU CAN ALSO WATCH IT AT ASKCHRISHETRADES.BLOGSPOT.COM OR STOCKTOCK.COM**

Duration : 0:10:54

Technorati Tags: 06/12/09, 07/02/09, 500, Alpha, analysis, ASKCHRISHETRADES, BLOOMBERG, Brian, candlestick, Charting, CNBC, consolidation, cramer, day, don, DOW, economy, Elliot, fast, FreeTradingVideos, harrold, how, Idan, invest, JIM, JONES, Koren, market, mid, money, nasdaq, option, options, PhilDeCarolis, practitioner, profit, profits, report, s&p, Shannon, SNP500, SPY, stock, stocktock, street, technical, to, trade, trader, trading, Trends, trump, videos, wall, Wave, XLF

Options and Stock Market Technical Chart Analysis for December 7, 2009 by Idan Koren

admin — Wed, 23 Dec 2009 11:31:30 +0000

Today we look at FAZ as it presents a lot of great set-ups both on the swing trade level and the intra day trade level. With a massive triangle and a channel, it seems like you can get yourself some very nice scalps in the next few days. In relation to the financials, we are looking at the H&S formation on the XLF which could break down and form a very strong downside potential. We look at the SPY and show that there is still indecision and that we can still get a pop up to the 50% retracement before we see this rally consolidate a little bit. And finally look at the Dow and MELI, which both give us clearer signals!

Duration : 0:5:1

Technorati Tags: 09, 12, 12-7-09, 12/7/2009, 12/8/2009, 2009, 500, AAPL, Alpha, analysis, Basics, big, Brian, bull, chart, Charts, december, dollar, Elliot, FTV, gas, gold, GOOG, GS, how, Idan, Investor, Koren, Learn, learning, market, marketguru, money, oil, option, Practical, raging, read, Resistance, Shannon, SNP, SPY, srs, stock, stocktock, street, Support, TA, technical, The, to, Tony, trade, trading, Trends, ung, wall, Wave, wets, XLF

Options and Stock Market Technical Chart Analysis for September 1, 2009 by Idan Koren

admin — Sun, 20 Dec 2009 20:16:50 +0000

VISIT: WWW.STOCKTOCK.COM for intraday commentary Today we looked at the last week’s action and how shorting the stock market and buying cheap calls for protection is probably going to pan out very well. We also own JPM puts and SPY puts. We look at the longer term ramifications and how the charts are showing a lot of bearish patterns which can eventually take us to the 825-840 buffer zone and maybe even new lows down the road. While a lot of people think that this market is going to either move up or crash hard, we believe that the pace of the downtrend will begin very moderately but will speed up once the wedge support line is broken. We also look at the SPY, XLF, AIG and GLD.

Duration : 0:5:8

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Options and Stock Market Technical Chart Analysis for October 13, 2009 by Idan Koren

admin — Fri, 18 Dec 2009 06:33:28 +0000

Today we look at some fibonacci targets for the markets. SPY has a target of between 109.10 and 109.70 whereas gold has already hit it’s target at around 104. I believe that in the very very near term, we will see GLD under perform SPY due to ti’s overbought status. We went ahead and placed a short gold and long SPY trade today. Short GLD at $104.40, and a Long SPY at $107.40. Our stop is a net credit of 0.25 cents for now, and will widen. We also look at JPM as we have to see financials get stronger in order for the market to push on ahead. Rememeber that we are in options expiration so today could be a crazy day, but if we break the SPY 50 SMA daily to the down side, and breakdown the wedge be VERY careful, this market is very susceptible to a crash.

Duration : 0:5:1

Technorati Tags: 09, 10, 10-13-09, 10/13/2009, 13, 14, 2009, 500, AAPL, Alpha, analysis, Basics, big, Brian, bull, chart, Charts, dollar, Elliot, FTV, gas, gold, GOOG, GS, how, Idan, Investor, Koren, Learn, learning, market, marketguru, money, october, oil, option, Practical, raging, read, Resistance, Shannon, SNP, SPY, srs, stock, stocktock, street, Support, TA, technical, The, to, Tony, trade, trading, Trends, ung, wall, Wave, wets, XLF

Part 2- Options and Stock Market Technical Chart Analysis for July 30, 2009 by Idan Koren

admin — Tue, 15 Dec 2009 19:46:23 +0000

Today I look at the SPY in more detail, explain what I think is about to happen, and even though the market did make new highs today, CNBC should stop sugar coating the bearishness which still prevails. I talk about the longer-term ramifications of this market, and where it’s poised to reverse. I point out my trades of CM and BIDU and how i took them out pretty much flat out even despite the rally and my GS trade which i timed really well to take profits on yesterday. I also look at the Dow Jones and how it reflects chartology so well.

Duration : 0:3:44

Technorati Tags: 07, 07-30-09, 07/30/09, 07/30/2009, 09, 30, 31, 500, AAPL, Alpha, analysis, Basics, big, Brian, bull, chart, Charts, dollar, Elliot, FTV, gas, gold, GOOG, GS, how, Idan, Investor, july, Koren, Learn, learning, market, marketguru, money, oil, option, Practical, raging, read, Resistance, Shannon, SNP, SPY, srs, stock, stocktock, street, Support, TA, technical, The, to, Tony, trade, trading, Trends, ung, wall, Wave, wets, XLF

Options and Stock Market Technical Chart Analysis for August 3, 2009 by Idan Koren

admin — Sun, 13 Dec 2009 06:12:18 +0000

Hey guys,

Today i only focus on the SPY and give you my ultimate trade. Where I plan to go short, and where i tell people to be-careful in going short. I analyze the markets based on the rising channel which has been very evident to me. The 38.2% retracement is only 0.5% away and with such an overbought condition (never seen before) the next strong move will probably be to the downside.

Play the channel, don’t be foolish.

Best,

Idan Koren

Duration : 0:4:49

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Options and Stock Market Technical Chart Analysis for May 18, 2009 by Idan Koren

admin — Thu, 10 Dec 2009 17:33:25 +0000

Today I looked at the incredible action that we got from the S&P. A 3% move higher is very strong price action, and even though it looked very unpredictable and the volume was incredibly low, it must be respected and the bulls might get the benefit of the doubt for tomorrows trade. There was some amateurish action in the last 30 minutes of trading which lends itself to a potential gap lower into tomorrow, but there a strong levels of support which could reverse the market action back into positive territory and take us to a double top region on the SPX. The bull seem to want to reach the 200 SMA daily, and that would probably be a great place for the shorts to pile in. I believe having a small bullish bias before hitting that level could be profitable and covering any shorts into a 38.2% retracement at 898 could be the wise trade. In this video I also look at GS, SPY, VIX and SRS.

Duration : 0:9:16

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Part 1 – Options and Stock Market Technical Chart Analysis for July 30, 2009 by Idan Koren

admin — Tue, 08 Dec 2009 08:10:32 +0000

Duration : 0:5:1

Technorati Tags: 07, 07-30-09, 07/30/2009, 07/31/2009, 09, 2009, 30, 31, 500, AAPL, Alpha, analysis, Basics, big, Brian, bull, chart, Charts, dollar, Elliot, FTV, gas, gold, GOOG, GS, how, Idan, Investor, july, Koren, Learn, learning, market, marketguru, money, oil, option, Practical, raging, read, Resistance, Shannon, SNP, SPY, srs, stock, stocktock, street, Support, TA, technical, to, Tony, trade, trading, Trends, ung, wall, Wave, wets, XLF