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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Closed Spec Short Positions and Entered Long
I could get whipsawed here, but chart location says to do this. So I am doing it rather than hold underwater wrong way short positions now that we have taken th... Read more
Posted on 11 February 2014 BUSINESS, ECONOMICS -
Entered Short Position 5 and 6
This is my last move at this. We are at middle of the chart (50 DMA). If we hold this area the top of the chart is in play. So, this needs to be the down move... Read more
Posted on 11 February 2014 BUSINESS, ECONOMICS -
Long Term Bear Market Scenario
Today, I mentioned that a bull run to the 1916.80 top of the Fib Extensions, if it were to occur, does not affect either the long term Bear Market Scenario, or... Read more
Posted on 10 February 2014 BUSINESS, ECONOMICS -
3rd and 4th Short Position at the Fib Resistance Zone
I entered 2 more short positions. I am just speculating in the resistance area for a move down to 1707. This wave could be bullish. We have taken it back to... Read more
Posted on 10 February 2014 BUSINESS, ECONOMICS -
Entered Second Short Position
There is always a bear path and a bull path. We cannot know which path our future will choose. As always, do your own due diligence, read the disclaimer, and... Read more
Posted on 07 February 2014 BUSINESS, ECONOMICS -
Harvested Final Long and Entered Short Position
Exited final long at 1792.95. Entered short at 1792.95 with a stop at 1811. Don't you ever talk about me. Exit Chart: New Entry Chart: With this exit of the... Read more
Posted on 07 February 2014 BUSINESS, ECONOMICS -
Harvested 5/6 Long Positions @ Backtest of 21 EMA
I think this likely goes higher, but I am harvesting 5/6 of the long positions here at the Cloud Baseline and 21 EMA on the Daily SPX as the 21 EMA was the... Read more
Posted on 07 February 2014 BUSINESS, ECONOMICS -
Long Term Bull Market Scenario
I just wanted to post the long term bull scenario again as it appears we have finally entered the correction of the wave off the 2012 lows. There is a lot of... Read more
Posted on 06 February 2014 BUSINESS, ECONOMICS -
AUDUSD UPDATE: Middle of the Chart.
Just an update on AUDUSD. Prior AUDUSD Update. We have reached the middle of the chart at the 50 day moving average. If we break above this level the upper band... Read more
Posted on 05 February 2014 BUSINESS, ECONOMICS -
12th Man Parade--Waiting for the Hawks!
Posted on 05 February 2014 BUSINESS, ECONOMICS -
Entered 6th Long Position: Weekly Update, Forecast and Outlook For Weeks of...
I am going to be out the next two weeks. I was not going to get any more involved here, but indicator analysis tells me to add a long position here. So,... Read more
Posted on 04 February 2014 BUSINESS, ECONOMICS -
USDJPY Long Term Fractal Setup
There is a long term Fractal that may be playing out now that we have a monthly breakdown on USDJPY. USDJPY Monthly Breakdown. Read more
Posted on 04 February 2014 BUSINESS, ECONOMICS -
Audusd Breakout
Last night, AUDUSD broke out as anticipated. AUDUSD ANALYSIS POST. It is currently at its 50 day moving average. I have harvested and am playing this for a big... Read more
Posted on 04 February 2014 BUSINESS, ECONOMICS -
Fading This at the Channel....
I stilll believe we need to hit the 21 EMA on the daily. I am entering final long here at big channel support on SPX. I dunno if it will work. Chart: There is... Read more
Posted on 03 February 2014 BUSINESS, ECONOMICS -
Usdjpy Monthly Breakdown
USDJPY has gone bearish on the monthly chart with a break of the prior two month lows. This is risk off for the equity markets: This puts the 1650-1700 area... Read more
Posted on 03 February 2014 BUSINESS, ECONOMICS -
Stock and Currency Market Update, Outlook and Forecast: End of Week
Just an end of the week stock and currency market update, outlook, and forecast for next week. Nothing has changed for me. I continue to play for a backtest of... Read more
Posted on 31 January 2014 BUSINESS, ECONOMICS -
Equities: Entered Fourth Long Position
I think they will break that pivot on SPX. Looking for 21 EMA backtest. Chart: There is always a bull path and a bear path. We cannot know the path our future... Read more
Posted on 29 January 2014 BUSINESS, ECONOMICS -
Will It Be Different This Time?
If that was a big top we put in on equities, what has worked may no longer work, and I suppose it just might be. However, I thought I would post some of the... Read more
Posted on 29 January 2014 BUSINESS, ECONOMICS -
Equities: Entered Third Long Position
Channel and pivot still holding. I will post if I stop. Stop is manual for now. Chart: There was a typo on the orignal chart. Corrected: Original chart: There i... Read more
Posted on 29 January 2014 BUSINESS, ECONOMICS -
Fed Day
Per the earlier tweet, I am not doing anything today and will hold the long position regardless of a new low or not. My plan is that so long as that low holds... Read more
Posted on 29 January 2014 BUSINESS, ECONOMICS