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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Covered 7 out of 9 Wonderwood Shorts
I covered 7 out of 9 Wonderwood shorts per the chart below. Not a directional call. Just harvesting. This clears out the poor an undisciplined entry on the firs... Read more
Posted on 08 October 2013 BUSINESS, ECONOMICS -
Weekly Stock Market Update, Forecast, and Outlook for October.
So far with today's down move the Dow Analog I have been following continues to track. Dow Analog Update. Here is the chart again from that Analog Update: Here... Read more
Posted on 03 October 2013 BUSINESS, ECONOMICS -
End of Day
That move into the close came right from where one would expect a bull move. 15 Minute Chart, Bull Move Area. That means I am likely wrong with my Wonderwood... Read more
Posted on 01 October 2013 BUSINESS, ECONOMICS -
15 Minute Chart
The levels on the 15 minute chart. This is what I am watching today as this is dicey per the discussion in the Wonderwood Update earlier today. Read more
Posted on 01 October 2013 BUSINESS, ECONOMICS -
Wonderwood Update
If this is an ABC correction off the low, the 161.8 extension is a likely stopping point. I am still tracking the analog. I don't like shorting into this given... Read more
Posted on 01 October 2013 BUSINESS, ECONOMICS -
Weekly Stock Market Update, Outlook and Forecast for October 2013.
ANALOG UPDATE The following is an analog update for October. We did not hit the lower price targets in September. The analogs do continue to track. Here is the... Read more
Posted on 30 September 2013 BUSINESS, ECONOMICS -
Stock Market Update, Outlook and Forecast for September 2013--Speculative Short...
This is a speculative position for the run down to the lower price targets into September 18-20 per the analogs. The Analog Post. Read more
Posted on 05 September 2013 BUSINESS, ECONOMICS -
Analog Bounce
This is the anticipated Analog Bounce. Sept. 4 Analog Bounce Post. Here is the chart from that post where you can see the Sept. 4 dates: I have not taken a... Read more
Posted on 04 September 2013 BUSINESS, ECONOMICS -
I Covered the Final Remaining Wonderwood (see Names of Tr...
I covered the final remaining Wonderwood (see names of trades above) Short Positions here. This is not a directional call, just harvesting, but there are some... Read more
Posted on 29 August 2013 BUSINESS, ECONOMICS -
Bounce Coming
I expect a bounce between now and September 4 per the analogs. Still looking for SPX 1580s. I like it to run into September. I think that bounce should be... Read more
Posted on 29 August 2013 BUSINESS, ECONOMICS -
Covered 1 Wonderwood Short Position
I covered one of the Wonderwood (see names of trades above) Short Positions from yesterday, and put a breakeven stop on the other position. This is not a... Read more
Posted on 27 August 2013 BUSINESS, ECONOMICS -
Entered 2 Wonderwood Short Positions
This trade is a bit crowded for me to feel confident about it. However, the analog allows for further down into September so I am starting a short term... Read more
Posted on 26 August 2013 BUSINESS, ECONOMICS -
Closed Final Wonderwood Long Position
Closed the final Wonderwood Long. It was countertrend at entry and I am happy to have booked it as I still suspect we will hit the SPX 1580 level in September.... Read more
Posted on 23 August 2013 BUSINESS, ECONOMICS -
Closed 3 of 4 Wonderwood Long Positions
I have closed 3 of the 4 Wonderwood (see names of trades tab) longs. This is not a directional call as I am off today. Weekly Stock Market Update, Outlook, and... Read more
Posted on 23 August 2013 BUSINESS, ECONOMICS -
Stock Market Update, Outlook and Forecast for Next Week
I am going to take the next two days off, so this is the stock market update for next week. I have moved my Wonderwood stop down (see SPY chart below) as I won'... Read more
Posted on 22 August 2013 BUSINESS, ECONOMICS -
Fading the FED
Update: That worked. I have put my stop at the low. That stop will be honored. Chart: ****** This is highly speculative. There is a bottom coming between now an... Read more
Posted on 21 August 2013 BUSINESS, ECONOMICS -
Put the Wonderwood Longs Back On....
Same setup as before. May get blown out again. Some of the indicators are there. Some are not. Taking the trade knowing it is countertrend and speculative. Tigh... Read more
Posted on 21 August 2013 BUSINESS, ECONOMICS -
Second Wonderwood Long Entry
This is still highly speculative. Entered a second Wonderwood Long off today's low. Chart: Point of this is purely the stop is right below so the risk reward... Read more
Posted on 21 August 2013 BUSINESS, ECONOMICS -
Speculative Wonderwood Longs Stopped Out
No bounce yet. I honored the tight stop on the Wonderwood Long positions, which were stopped out at SPY 164.70. Here is the chart: I have not entered short yet... Read more
Posted on 21 August 2013 BUSINESS, ECONOMICS -
Wonderwood Long Entry
This is speculative and countertrend to the daily trend. However, I did notice that we put in an inside bollinger band turn setup on the 2 hour chart. So, I am... Read more
Posted on 20 August 2013 BUSINESS, ECONOMICS