paulyberndt

paulyberndt

Market has been whipsaw however we now have a sell stop fractal setup on the daily SPY. Another area of entry would be up against the Gators teeth redline with a stop at the jawline blue, There is buy pressure currently and I see to much whipsaw without waiting for that sell fractal.

paulyberndt

MDY is setting up for a short with the most current fractal. It also is showing a double top technical pattern. Here is my setup. One note, from a Ichimoku perspective both MDY and IWM are in balance (price close to the Kijun line on daily) so the market is setting up now to show its hand.

paulyberndt

IWM is getting close to a short setup on the daily

paulyberndt

momentum is shifting in AAPL and I look for this to continue going into upcoming earnings. Price is above Alligator -blue line with oscillators shifting to green. IMO the I Wallet payment system is a huge plus for this stock. Goldman has a 115 target for this stock

paulyberndt

IWM has given another Fractal Buy Fractal I will add at 116.95 area to my position with another deep in the money call. This is the most current fractal

paulyberndt

This morning IWM broke-out and took out a fractal buy point. I am long IWM 1. Price above Alligator 2. Fractal Breakout 3. Positive Momentuem Target top of the range with a stop about 2 bucks below current price

paulyberndt

City Bank is in a tight Consolidation and in the saddle point on the weekly Chart. I have marked the fractals for my entry points depending on which way it goes. I am using NOV options with a 75 delta. This is to lessen time decay. For each dollar C moves I will make or loose 75 bucks aprox. C has been trading in about a 4 dollar range on the weekly. This...

paulyberndt

took a small short position in Starbucks as it is now trading below the jaw line. Fundamentally coffee futures on weekly and daily are bullish. This rise in coffee prices will effect their margins IMO. Add to that the amount of retail space leased I look for price pressure on this stock

paulyberndt

For longer term traders long term primary trend is still bullish with momentum slowing. News fears are creating this wiggle IMO and I look for an updraft once things settle. I am still long my long term portfolio. We are in a area of whipsaw for sure now inside the alley gators mouth. A close below the blue jaw line and I will reduce risk dramatically

paulyberndt

The Kijun line is now flat on the EURO which hints of consolidation and a possible retest of the Kijun Line. The Kijun also is about a 50% retrace from this sell off The Kijun line is not pointing down which shows support. A break above the Tenkin Line on the daily and I will be long for a lower risk entry

paulyberndt

Yen is basically trend-less for now on 4 hr time frame and is consolidating its move from last week, The Gator is asleep LOL Watching sell fractal. Suspect not a great deal of movement until news events come later in the week.

paulyberndt

following Bill Williams rules from a weekly perspective we do not have a full blown sell signal on the IWM. Price needs to take out thte fractal area first. I have found if you enter now too much whipsaw. Anytime price is below the blue balance line price has a way of accelerating below the jaw line. Let the trade come to you. On a weekly perspective SPY, Q,s...

paulyberndt

with interest rates in play not surprising utilities are getting a haircut as interest rates will impact their margins. A break below Fridays close and I target the 37 dollar area

paulyberndt

The USD has broken out on the Weekly Chart 1. Took out a buy fractal this week 2. Awesome Oscillator on a buy signal 3. AC Oscillator Green Zone trade 4. Price is above Alligator Blue Line - Balance line I am leaning long in the FX pairs I trade on the USD

paulyberndt

From a daily perspective Yen has yet to show its hand. From a Ichimoku perspective need a break above the cloud. We could get a retest of the Kijun line

paulyberndt

The RUT on the weekly is in a area of whipsaw and still has not shown its hand. I am waiting for a break of the Jaw Line- blue line before lookng for short setups on the daily. Still in a double top formation but buyers are still keeping it up. Next weeks GDP numbers are likely to move this

paulyberndt

For the bulls great lift this morning and momentum on Euro and US news. Thin overhead cloud now and it wouldn't take much to bust through. For the bears hit sell stops this morning and the Chickou remains under price and the Kijun line is holding. and price remains below the cloud. I am neutral with a bearish bias for my trade setups. A clean break above the...

paulyberndt

Watching to see if Twitter gets a pop this morning on the Facebook earnings. Technically Twitter is in a squeeze and ready for a ;pop ahead of earnings next week. On the Ichimoku daily it is close to a breakout as well. This is my setup for this morning. On a breakout I will manage using the Williams Alligator trade system. option market pricing about a...