Tuesday, February 14, 2012

Morning Thread

Gator's Chart of the Day: SSEC-X
I'm draggin' so here's the Dragon. 

Some say that Greece doesn't matter and the real deal is China.  The Shanghai Se Composite Index shows the downtrend that has persisted for more than 10 months.  It looks to me to have put in a tight double bottom that spanned the new year (ours not theirs) and is now moving higher.  Last week it pierced the down trend line and yesterday it it tested it successfully.

Monday, February 13, 2012

Evening Thread

Close over 500. 'Nuff said.

Afternoon Thread

FTNT daily Chart (the day isn't over yet)
So far it is printing a nice hammer after gapping up.  If it trades to 26.61 that would be an all-time high.  The closing high is 26.22.  I'm long Mar28 calls and likely to add if it trades to a new high.