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RoughDollar Trades - Mechanics and Physics of Stock Market Trends

Edward Hunt Rank: 45 Followers: 17 Votes: 30 Years Member: 4 Last Update: 25 May 2013, 22:18 Categories: Market Timing
Swing Trading
ETFs

May 24th Fri >>>
Our market flat today, but world markets saw some selling. DRN is retractng in the real estate sector, down over 11% this week alone.. Also XLU, the utility sector is now in its 3rd week of decline and is also down 10% from its high. Uilities are usually bought for dividends. It does seem unusual for this sector to roll over early. Is it forwarning of more internal market weakness to come? $NDX is beginning to show pressure too. If the big ones (GOOG, AMZN and PLCN) roll over quickly next week, then defendsive measures would be of concern. I hope all are enjoying my charts. I will continue to keep them easy to read, concise, and timely. Picked up a couple new follows this week. I thank you for that. This week has come and gone, weekend is now here again. Spend time with your family and enjoy the upcoming holiday. Memorial Day was created as an occasion to honor those who have paid the ultimate price to ensure our freedom. It is our opportunity to take time and give thanks for the many who have died protecting that freedom.

Again, thanks for the follows, votes and support. Trade well my friend.

I need a couple more new follows to move me up on the list. What say you? Do come join me.

Don't forget to check out the TC Charts......

Dilligence is the Mother of Good Fortune. >>>>$$$$<<<< Wealth can be had for those who wait, but not for those who hesitate.

Less

$ $ $ $ $INDU - Welcome to RoughDollar Trades

$ $ $ $INDU - Weekly Candlesticks, 1280

$ $ $ $INDU a - Weekly 10 YR OHLC Bars, 5 yrs

$ $ $ $INDU b Monthly Candlesticks, 1280

$ $ $ $INDU c - Daily Heikin-Ashi, 1280

$ $ $ $SPX - 30 min Candlesticks, 1280

$ $ $ DRN 2 yr Daily Real Estate Bull 3x Shares

$ $ $ XLU - Daily Solid Line, 1280

$ $ $NYMO - Daily Solid Line, 1280

$ $ ERX - Daily Solid Line, 1280

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