Souljester
MY BLOGS
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Red Line Scenario Stock Market Analysis
http://redlinescenario.blogspot.com/
Stock market chart updates, analysis and timing forecasts.
LATEST ARTICLES ( 237 )
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Could the Stock Market Top Here?
Today, I entered a counter trend short position on US Equities. Countertrend Equity Short. I also discussed the indicator extreme that we have neared in... Read more
Posted on 18 November 2014 BUSINESS, ECONOMICS -
Equities Update
No singificant update on equities. As anticipated it has failed to gain ground for over a week at the fib resistance level I identified. I continue to believe... Read more
Posted on 17 November 2014 BUSINESS, ECONOMICS -
Audusd
No update on equities so far. I continue to believe the easy swing trade money has been made off the October low. Accordingly, I continue to sit out and look fo... Read more
Posted on 17 November 2014 BUSINESS, ECONOMICS -
Correction Scenario
I worked this up today, which is a summary of what I have been thinking and talking about in my most recent equity post. 1986 Support. The short term fib... Read more
Posted on 11 November 2014 BUSINESS, ECONOMICS -
Dollar Weakness?
I have been waiting patiently the past month for a shot at playing some dollar weakness in the currency pairs. We have some bullish harmonics that have fired... Read more
Posted on 10 November 2014 BUSINESS, ECONOMICS -
1986 Support
As you know, I have been bullish off the October 15 Bullish reaction and confirmation. October 15. We have harvested along the way. Harvested and Harvested. Read more
Posted on 10 November 2014 BUSINESS, ECONOMICS -
Deep Pullback Scenario
As stated in my prior post, Next Dip Buy, I am anticipating a correction will begin sometime in the first part of November and travel into the end of the month. Read more
Posted on 05 November 2014 BUSINESS, ECONOMICS -
"Dude is Lost"--The Next Dip Buy
We have indexes breaking the highs locking in the October low as the long term bull market low that I anticipated. I expect a correction over the next few weeks. Read more
Posted on 31 October 2014 BUSINESS, ECONOMICS -
Harvested
I am moving the long term and intermediate term long positions down to 25% of the original position. I will look for another dip to buy. That dip should come... Read more
Posted on 30 October 2014 BUSINESS, ECONOMICS -
Harvested
I harvested half the intermediate and long term positions here. Nothing has changed in the analysis (yet), just booking it and getting risk free with profit.... Read more
Posted on 23 October 2014 BUSINESS, ECONOMICS -
Waiting for a Bullish Reaction and Confirmation of a Low
Just a quick update. I am still waiting to see a low put in this week. Once that low comes, the question will be whether all the bearish data points and... Read more
Posted on 13 October 2014 BUSINESS, ECONOMICS -
Market Dips Into Bear Territory
Presently, all the dip buy indicators that have served me well during the bull market are screaming that a dip will be put in. However, price is the ultimate... Read more
Posted on 10 October 2014 BUSINESS, ECONOMICS -
Bullish Analog
We continue to threaten the support area today that will flip my primary to the bearish scenarios if it fails. To date, it has not failed, so I continue to trac... Read more
Posted on 09 October 2014 BUSINESS, ECONOMICS -
Support Held.
The 125 SMA area has held support. No Sign of a Top Yet. I would anticipate this low today to not be breached for the continued bull market move. Read more
Posted on 08 October 2014 BUSINESS, ECONOMICS -
No Sign of a Top--Yet
As indicated the recent posts, I had been Watching the 125 SMA to hold the 125 Simple Moving Average support on October 2, 2014. The market so far as held the... Read more
Posted on 06 October 2014 BUSINESS, ECONOMICS -
Blue Alternate Enters Support Area
The market broke into the Blue Alternate, which projected a move to 1943 SPX around October 2. September 21 Blue Alternate. This is the 125 SMA support area... Read more
Posted on 01 October 2014 BUSINESS, ECONOMICS -
Bull Market Primary Count
Following up on Today's Post, here is my primary count until and unless support is ever broken. Per this count, in August 2014, we completed a Wave 2... Read more
Posted on 24 September 2014 BUSINESS, ECONOMICS -
Anticipated Support Held
The anticipated support held today by just a smidgen in the S P 500. In reality, the DOW and QQQs were not close to breaching that pivot support area. Prior... Read more
Posted on 24 September 2014 BUSINESS, ECONOMICS -
Entered DOW Support Area
As anticipated in yesterday's Dow 5 EMA Indicator Study we have hit that area today. Chart: We still continue to hold the support levels. Read more
Posted on 23 September 2014 BUSINESS, ECONOMICS -
Short Term Support Tested
I did a quick indicator study using recent McCellan Oscillator Data. It says may likely have some additional bit of downside on the DOW even under a ST bullish... Read more
Posted on 22 September 2014 BUSINESS, ECONOMICS