Focus List 6/23 - Markets are poised for a good move

Geoff Bysshe | June 23, 2011

Below you'll find a screen shot of the same view of the market watch that I posted 2 days ago. Then then pattern to watch for was the Q's coming back into the box with the SPY and DIA taking …

Focus List 6/22 - The day after the much anticipated bounce.

Geoff Bysshe | June 22, 2011

Yesterday we saw the bounce that many traders were looking for. While it was a nice relief, it was not extraordinary. In fact,volume was light. As a result I'd have the same plan as yesterday which was to let the …

Focus List 6/21 - 60-min charts trying to turn up

Geoff Bysshe | June 21, 2011

The DIA and IWM  60 min charts are trying to turn up and both ETF's closed over the 10-day MA for the first time in a long time. This leaves the market in a position of being tightly compressed so …

Focus List 6/20 - Options expiration leaves mixed up markets

Geoff Bysshe | June 20, 2011

The daily trend is down, but may be oversold into support.

SPY, DIA, and IWM have positive pivot stack and sit within a multi-day consolidation. The Q's have negative stack and sit below their multi-day consolidation. The best view for …

Focus List 6/17 - Indexes basing?

Geoff Bysshe | June 17, 2011

Basing. Why would I say this? It's a combination of feel and divergences. The feel part is based on the fact that markets traded below prior lows, and in the case of the Q's below a major daily swing level …

Focus List 6/16 - Day trading strategies - reversals!

Geoff Bysshe | June 16, 2011

As the market continues to slide into and through support in a very orderly and bearish way, the best approach for our day trading is to fade the intra-day moves in the direction of the main trend. Even in this …

Focus List 6/15 - QQQ Bounce off 200 Day MA

Geoff Bysshe | June 15, 2011

~Short Focus~
DO
BTU
GOOG

~Other Short Charts of Interest~
IBM
BHI
DO
MOS
ALTR
MGA
LVS
CAT
BTU
FST
RIG
OIS
CCI
CREE
MHS
PCLN
XEC
GOOG

~Long Focus~
AET
DLTR
NUVA

~Other Long Charts of Interest~
JCP
TSLA…

Focus List 6/14 - QQQ sitting on the 200 MA

Geoff Bysshe | June 14, 2011

~Long Focus~
GS
FL
~Other Long Charts of Interest~
TSLA
VHC
CF
BBBY
OXY
AET
UHS
UNH
GR
ORLY
GS
TIF
DLTR
MA
NUVA
CPT
HLF

As far at shorts -all of these are really only intended to be looked …

Focus List 6/13 - After 6 down weeks don't assume anything

Geoff Bysshe | June 13, 2011

The market's decline has been steady and calm. For me this is bearish action. The Q's and IWM's are near their 200-day MA, and by a number of measures - RSI, McClellan, up/down volume, etc. we are near oversold levels, …

Focus List 6/13 - After 6 down weeks don't assume anything

Geoff Bysshe |

The market's decline has been steady and calm. For me this is bearish action. The Q's and IWM's are near their 200-day MA, and by a number of measures - RSI, McClellan, up/down volume, etc. we are near oversold levels, …