IWM CHARTS 3-9-2010

March 9, 2010 in Ideas & Strategies

LOWERSTUDY SET 1024x582 IWM CHARTS 3 9 2010

IWM LOWERSTUDY SET

Open at 200 EMA after several days of flowing above and gapping down during after hours.

Some resistance found at upper Demark pivot.

Some resistance found at yesterday’s high.

Towards the end of the day, MoneyFlowIndex dropped below 20 coinciding with up arrow MoneyFlow Crossover (purple).

HULL MA COMBO 1024x582 IWM CHARTS 3 9 2010

IWM Hull MA Combo

This combination may be my staple indicator set from now on.

In addition to opening at 200 EMA serving as likely resistance after afterhours gap down, IWM opened up above Hull MA and Reversed Engineered RSI at their crossover (this is in my observation a common indication of big movement).

Several Hull MA candle patterns.

Previous day’s high was used as support and exit point on one downside move.

Reverse Engineered RSI was used as support for another then broken through.

We had another Hull MA and Reverse Engineered RSI crossover preceeding a big move to the downside towards the end of the day.

Included in this set are classic Slowchastic (mom’s word) and MACD with relevant highlight and timeline correlations.

200 EMA was used as support to complete downside move after Hull MA/Reverse RSI (what I am gonna call this thing from now on) crossover.

My observations are we need to look for candle pattern agreeing with MACD or MACD crossing 0 line for entry points then Slowchastic crossovers or hull candle crossovers to give exits.

Green lines are trades that could have been made based on this information.

WOODIES PIVOTS 1024x582 IWM CHARTS 3 9 2010

IWM WOODIES PIVOTS

Woodies Pivots – highlighted points of resistance. Grew greatly extended above and retraced.

PERSONS PIVOTS 1024x582 IWM CHARTS 3 9 2010

IWM PERSONS PIVOTS

Persons Pivots – similar to Woodies Pivots. Hightlighted points of resistance and breakthrough. Extended beyond and retraced into.

LINEAR REGRESSION 1024x582 IWM CHARTS 3 9 2010

IWM LINEAR REGRESSION

Linear Regression – several highlighted points of linear regression interaction.

Sequential – highlighted end points. 13 was very useful.

bought puts at bottom of 7. It was an accurate prediction of a turn around. But being that far along the entry should have waited till the completion of the sequence.

ICHIMOKU 1024x582 IWM CHARTS 3 9 2010

ICHIMOKU IWM

Crossover at open bearing up followed by candle stick crossing through resistance cloud to the upside.

Cloud Crossover indicating upward support.

Pattern predictions.

Matching Crossovers to the downside towards the end of the day.

Cloud then used as resistance.

HILO1 1024x582 IWM CHARTS 3 9 2010

HILO

Two points of resistance interaction – highlighted.

BOLLINGER 1024x582 IWM CHARTS 3 9 2010

IWM BOLLINGER

Several highlighted points of resistance interaction.

Began attempting to follow some Bollinger Band pattern predictions/indicators.

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