http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-11-19.htmlHarry Boxer, On a Dozen Charts to Watch (TheTechTrader.com) Today I'm going talk about several stocks on the long side that had significant movement on Tuesday. One of them is A-Power Energy Generation System, Ltd. (APWR). The kind of rising wedge or coil it was in was broken Tuesday with a price-volume surge and breakaway gap after a contract announcement today. This stock had a significant breakout to new nearly 6-month highs, and is about to test that area in the 14 1/2 zone or thereabouts.Thu, 19 Nov 2009 06:05:20 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-11-19.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-11-11.htmlMike Paulenoff, On More Strength Ahead ... and Why Ford? (MPTrader.com) Some market observations this Tuesday morning. What am I thinking? - That the stock index weakness this AM is "just" a minor pullback ahead of yet more strength that will attempt to test and to hurdle the late Oct. highs. - Let's be aware that yesterday the DJIA was the ONLY major index to climb to new post-March highs, which could be significant IF the other indices continue to struggle. In other words, the fact that theWed, 11 Nov 2009 05:47:55 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-11-11.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-11-04.htmlJack Steiman, On Weak Risk-Reward Either Side of the Market (SwingTradeOnline.com) The bears are trying. I'll give them that. After all, they've taken out the 50-day exponential moving average on the Nasdaq and have kept it below for a few days now. The S&P 500 is playing leapfrog with the 50-day exponential moving average. Above. No below. No above. No, on it. Ridiculous really. The Dow refuses to breabut clearly is the least important of the major indexes as it's only 30 stocks. However,Wed, 04 Nov 2009 06:44:56 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-11-04.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-28.htmlHarry Boxer, On Long & Short Charts to Watch (TheTechTrader.com) We're experiencing a volatile market here, and both longs and shorts are possibilities, so today we're going to give you ideas on both sides. The flu-related stocks certainly had some relative strength on Monday in the face of an adverse market. A view of the chart on Biocryst Pharmaceuticals (BCRX) shows it had been bouncing along the bottom of its rising channel for awhile. It tried to create a mini base in early October,Wed, 28 Oct 2009 06:28:24 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-28.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-21.htmlMike Paulenoff, on 9th Inning of Upmove (www.MPTrader.com) Some of my chartwork on the S&P 500 is telling me that the October upmove as well as the July-present-upmove are in the bottom of the 9th inning of a 9-inning baseball game. Where is game over? If the index breaks back below 1086.50, I will get meaningful near-term sell signals that will compel me to be out of the long side and in a partial short position (long position in the SDS or SH). Unless and until 1086.50 is violated,Wed, 21 Oct 2009 06:17:14 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-21.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-13.htmlJack Steiman on Negative Divergences Portending a Top (SwingTradeOnline.com) We hit 1080 weeks ago and then pulled back strongly only to blast back up and hit 1080 yet again on Monday. We pulled off that again quite sharply intraday but saw the S&P 500 hold very well overall into the close with a finish at 1076. We've been grinding our way through the 1060 to 1080 gap day-by-day here with the bears able to hold the bulls off but not able to take the market down with any force. We are in aTue, 13 Oct 2009 13:15:07 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-13.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-07.htmlHarry Boxer, On 6 Charts to Watch (TheTechTrader.com) NutriSystems Inc. (NTRI) may not look like such a great stock when you're looking at the chart, but with the great news that came out in the aftermarket Monday, their stock began to move. NutriSystems is going retail for the first time ever and Walmart will be distributing their products in 3200 stores. This is huge for NutriSystems. The stock ran up to 19, then back down to 16.90, then back up to 18 ½ on heavy volume. It certainly looksWed, 07 Oct 2009 05:39:35 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-07.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-01.htmlGary Dean, On Wave 3 Down (MarketsPath.com) The S&P 500 made it up to our secondary resistance level Tuesday from our previous night's update, but failed to complete the 1053 downside target. But overall, the support/resistance levels stayed intact. At the close Tuesday, the indexes left everybody hanging again. The SPX may have completed wave 2 at the highs and is about to take on a wave 3 down. The decline from the highs was strong and it would have made things easier to take an educatedThu, 01 Oct 2009 05:41:53 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-10-01.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-09-23.htmlMike Paulenoff, On Possible Rising Dollar, Falling Oil (MPTrader.com) The daily chart of nearby crude oil prices is remarkable for a number of reasons, the most salient of which are: 1) the number of "points" along the dominant Feb-Sep up trendline reflects a VERY powerful support line, now at $69.00. This also means that IF the trendline is violated, we must consider it a very significant violation of medium-term support; 2) that as long as $69.00 contains any forthcoming weakness, theWed, 23 Sep 2009 05:53:43 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-09-23.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-09-15.htmlJack Steiman, On Massive Negative Divergences (SwingTradeOnline) The charts for the past month, if not more, have been suggesting, in normal times, that this market was about to take a big hit to the down side. After all, there have been existing massive negative divergences on many of the dailies on both the index charts and many individual stock charts, especially the leading stocks such as Apple Inc. (AAPL), Google Inc. (GOOG), and more. It's even more pronounced on recent leaders such asTue, 15 Sep 2009 09:14:48 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-09-15.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-09-10.htmlHarry Boxer, On 8 Charts to Watch (TheTechTrader.com) Our first Chart of the Day is Opexa Therapeutics, Inc. (OPXA), which jumped 267% yesterday (Tuesday). After the gap up at 2.64, I indicated to our subscribers to buy the first pullback, and sure enough it got back down to 2.22 before rocketing for the rest of the day, to believe it or not, just near 7.00, at 6.93, before closing back at 5.62. Up 4.09 for the day. At one point it was up over 300% in one session. The volume was 56.8 millionThu, 10 Sep 2009 05:32:31 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-09-10.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-09-02.htmlGary Dean, on the Strong Case for the Bears (MarketsPath.com) Volatility is back baby!! Now we have to see if the puppet masters allow it to stay. We had another support/resistance tag from last night's update hit today. For our premium members, I even lowered the 1000 support pivot to 995 before the bell. The 1027 level was tested in early trading, with a high of 1028 before the bears stepped in and decided to show some muscles and drove the SPX to the 995 pivot. That is a pretty volatileWed, 02 Sep 2009 13:20:43 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-09-02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-08-26.htmlMike Paulenoff, On Strength in Treasuries, Caution on Equities (MPTrader.com) Something about today's action in the equity indices and sectors is making me averse to looking for and/or considering entry into new long positions. Maybe it is because it is Tuesday (Turnaround Tuesday)? Or maybe because it is another quiet August session that fails to exhibit any selling pressure after a near-vertical advance of over 6%? Another thing that bothers me (about the equity market strength) is theWed, 26 Aug 2009 06:01:18 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-08-26.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-08-19.htmlJack Steiman, On Healthy Selling (SwingTradeOnline.com) Real selling finally kicked in on Monday, and how badly this market needed it as well. Day after and week after week those daily charts sitting on a high pole. At some point you know this is going to pull back and pull back hard, but timing it was nearly impossible as it was defying all logic what seemed like forever. True, it was inevitable that we'd sell, but if you didn't play at overbought you would have missed some great plays. TheWed, 19 Aug 2009 05:44:49 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-08-19.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-08-13.htmlHarry Boxer, On Top Charts to Watch (TheTechTrader.com) The market continues to hang tough despite the pullback in the last couple of days, and there are some strong ideas out there, particularly among the junior biotech stocks. Acadia Pharmaceuticals, Inc. (ACAD), a model portfolio position of ours, broke out in May, formed a coil, broke out of that, and Monday broke out of a flag on heavier volume of 3.6 million, up 16% or .74. That's an exciting day. If you look back on the charts, you'llThu, 13 Aug 2009 05:41:37 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-08-13.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-08-05.htmlGary Dean, on Time to Be Concerned When No One Else Is (MarketsPath.com) The bulls decided to blast right through the 993 pivot Monday and take the tape up to the 2nd resistance zone. There was a quick head fake, but that only lasted about 10 minutes, which has been about the shelf life of any pullback from the July blast off. There is no use going over any technical indicators as they mean nothing at this stage. There was an index divergence between the NDX and the Dow/SPX. The Dow/SPX madeWed, 05 Aug 2009 05:41:30 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-08-05.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-07-29.htmlMike Paulenoff, on When to Go Short (MPTrader.com) We have been discussing with our subscribers the upside potential of a failed head and shoulders top pattern in the S&P 500 -- as in the price structure climbing a distance that equates to about twice the width of the "right shoulder". If the right shoulder measured about 63 points, and if we add 63 points to the top of the shoulder at 928.25, we arrive at an approximate target of 991.00. Monday's new recovery high hit 984, which is just aWed, 29 Jul 2009 06:17:30 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-07-29.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-07-21.htmlWhen we look back a month or so from now, it is quite possible that we will be talking about what took place on July 15th. It was on that day when we saw a breakaway gap over the old 912 gap on the S&P 500 that seemed impossible to get back over while the bulls were fighting to simply hold the 875 neckline. We had been testing that nasty 875 level over and over. We held when suddenly, and out of nowhere, we gapped hard over 912 and just kept on running for the rest of that day. Volume wasTue, 21 Jul 2009 06:18:16 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-07-21.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-07-15.htmlHarry Boxer, On LEAP's Short Potential (TheTechTrader.com) Today I'm going to talk about Leap Wireless International (Nasdaq: LEAP) on the short side. It's on my "Boxer Shorts" list and continues to look negative. Even in Monday's rally this stock was down, although it did come back off the lows. The current pattern shows a left shoulder, head, and right shoulder pattern that was broken on heavy volume, and over the past five or six days this stock has been in a kind of a bear-flag box, withWed, 15 Jul 2009 08:34:21 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-07-15.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-07-08.htmlGary Dean, on the Short Side Being Safest (MarketsPath.com) The S&P 500 finished business and tagged my first level downside target for this leg down (actual low 886). I chickened out of taking a long side trade, even though I was seeing buy signals on our 15 minute charts. Obviously, the trade would have worked out fine, but with the internals bleeding and the Nasdaq -- PowerShares QQQ Trust (QQQQ) -- not participating, I thought the long side was too risky. We may still have some room toWed, 08 Jul 2009 06:23:11 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-07-08.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-06-29.htmlThis last week of trading saw the bears get their chance to break the market down, which would have occurred had the S&P 500 lost its 875-895 price and 50-day exponential moving average (EMA) support zone. Yet that level was defended by the bulls mid-week. The market had spent a long time trying to get through this difficult level when it blasted off the bottom in March. Once it cleared that difficult level the bears tried over and over to take that level back, but the bulls would notMon, 29 Jun 2009 12:08:52 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-06-29.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-06-24.htmlMike Paulenoff, www.MPTrader.com, on New Downleg in Q's Monday's action in the PowerShares QQQ Trust (QQQQ) represented a downside breakaway gap, followed by a violation of the prior pullback low and a violation of the March-June up trendline.  In addition, the decline breached the 20-day adaptive moving averages for only the second time since the March low. The first occurrence was back on May 13, which turned out to be a bear trap prior to another significant upleg.  Monday'sWed, 24 Jun 2009 05:49:23 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-06-24.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-06-17.htmlHarry Boxer, www.TheTechTrader.com, on 4 Short Ideas Today I want to give you 3-4 ideas on the short side with the possibility that the market hit a short-term top on Monday. Allegiant Travel (ALGT): The channel in force since last July, which went from about the 15 to 55 area in April, has suddenly turned lower and broken the trendline, rallied back and failed at the moving averages on very low volume, with almost no increase at all in the technicals, and then rolled over, down 2.31 on MondayWed, 17 Jun 2009 05:33:44 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-06-17.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-06-09.htmlGary Dean, www.MarketsPath.com, on Key Pivots to Watch Did we see an intermediate-term top or "wave A" complete with a blow off top early Friday? There are a ton of indicators that would scream yes, but with Fed has intervened with the market forces and we can't say with 100% certainty they are finished for now. We are at some pretty important pivot levels and the good thing about the set ups here, is that we will have a pretty good idea what is unfolding by upper and lower pivot points. ATue, 09 Jun 2009 04:44:15 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-06-09.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-05-27.htmlHere's some of what Mike has been saying today (Tuesday May 26, all times Eastern), along with other of our Wizards: 8:25: MPTrader.com: We walk in this morning to lower gold and a higher dollar, precipitated we are told by this weekend's provocative nuclear bomb tests by the North Koreans. While those tests, as well as the seemingly innocuous response from the global community, certainly are unnerving, one look at the enclosed comparison charts of Euro/$ and Spot Gold suggest strongly to meWed, 27 May 2009 05:51:08 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-05-27.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-05-19.htmlIn the face of some deeper selling last week, we saw some strong positive divergences on the 60-minute charts set up on the MACD from well below the zero line on Friday. That was a signal that said it was time to go long into the teeth of the down side. It felt bad, but then again it always feels bad when the market is selling. If the divergence had set up above the zero line, then it would be more risky going in and believing the market would turn things around. The masses were getting prettyTue, 19 May 2009 13:43:49 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-05-19.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-05-12.htmlJack Steiman, www.SwingTradeOnline.com, on the Market's Healthy Consolidation Jack SteimanWe may undergo a consolidation period here, which is fine. If it takes those oscillators down with little in the way of price erosion, then it's all good. I would expect 875 SPX to hold firm on any further selling before trying to move higher once again. You want to watch how losers pull back and respond once they get to their big levels of support. We are seeing lots of triangles set up, which is usuallyTue, 12 May 2009 13:03:28 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-05-12.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-05-05.htmlGary Dean, www.MarketsPath.com, on Why There's "Way Too Much Optimism" Gary DeanThe indexes gapped up on Monday with a mission to bring the S&P 500 into positive territory for 2009. The rally was led by none other than the financials, ahead of the stress test results. The talking heads are saying any bad news that comes from the stress test results is already built into the financials, as the Financial Select SPDR (XLF) trades at new rally highs today. I am trying to figure out how that isTue, 05 May 2009 13:07:00 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-05-05.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-04-29.htmlMike Paulenoff, www.MPTrader.com, on the Financial and Oil & Gas ETFs Now that the Financial Select SPDR (XLF) has been subjected to earnings, earnings doubts, stress tests, all sorts of suspicions about the efficacy of the tests, and now leads about which bank will or might not need more capital (according to the Fed), let's notice that for the past two weeks the price pattern has carved out a high level consolidation pattern. Under the circumstances, my sense is that the XLF has put in aWed, 29 Apr 2009 13:03:50 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-04-29.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-04-21.htmlJack Steiman, www.SwingTradeOnline.com, on S&P 500 Levels to Watch Oil collapsed Monday after breaking out last week. The transports collapsed after breaking out last week. You get the point here. Gold shot up as did the Vix in a big way, although it's still a dollar below taking out that 40 resistance level. If it closes over 40 it was simply a head fake breakdown. Not what you want to see when a market is supposedly trying to set a healthy right shoulder. Too many occurrences againstTue, 21 Apr 2009 13:09:03 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-04-21.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-04-15.htmlHarry Boxer, author of TheTechTrader.com (www.thetechtrader.com), selected AgFeed Industries (FEED) as his Chart of the Day after the close on Monday. Harry describes the technical outlook for this stock: The stock had a great day. Viewing the chart you'll see a beautiful bullish pennant the stock has been in. With volume dwindling and an inside day, we ended up entering it into our model portfolio on Friday. The stock popped 80 cents, or 33%, just on Monday and looks like it may be headed forWed, 15 Apr 2009 06:02:38 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-04-15.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-04-02.htmlQ&A with Gary Dean, MarketsPath.com What‘s your intermediate-term view of the market? We ended March on a good note, with the panic behind us. I do believe we're going to see some higher levels ahead. Using Elliott Wave analysis and looking at the daily chart of the S&P 500, we see that the primary downtrend ended with the lows of March 9, which was the completion of the 5th wave down (Elliott Wave analysis counts in 5-wave sets). Now we're in a new, secondary trend – a largeThu, 02 Apr 2009 13:19:32 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-04-02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-03-25.htmlMike Paulenoff, author of MPTrader.com , examines the direction of the S&P 500 by looking at its e-mini futures contract, which trades nearly around the clock: Sunday night's surge in the S&P 500 e-mini futures in response to the news about the new Treasury Plan reversed Friday's terrible close and propelled prices in the chart above key near-term resistance at 800, into the 820 area, likely on the way to the 835-845 target zone derived from the head-and-shoulder base formation.Wed, 25 Mar 2009 05:45:16 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-03-25.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-03-20.htmlSo here we are. The next big resistance level stares us in the face: the gap at 7500 on the Dow. We tried to take it out on Wednesday after Bernanke said he's throwing another trillion at the mortgage mess in order to open up credit throughout the lands. We cleared, but the move up has been so strong off the bottom it was natural to fail there the first time. However, the market is truly climbing that wall of worry as it gets some information or hints that the Fed will do whatever is needed toFri, 20 Mar 2009 05:29:09 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-03-20.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-03-11.htmlHarry Boxer, author of TheTechTrader.com (www.thetechtrader.com), selected Direxion Financial Bull 3x Shares (FAS) Tuesday after the close as his Chart of the Day. Harry describes the technical outlook for this financial ETF: The FAS has been in a dramatic downtrend from the 29-30 zone all the way down to 2 and change recently, the low being 2.30 or so on Friday. The stock has done well in the last few sessions, moving up Monday and flagging, and then Tuesday gapping up and running hard. TheWed, 11 Mar 2009 13:33:23 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-03-11.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-03-05.v02.htmlAccording to Mike Paulenoff, author of MPTrader.com (www.mptrader.com): Another terrible finish Tuesday, capped off by Palm Inc. (PALM)'s announcement that the company is cutting its revenues in half! I don't know if that is the reason for the aftermarket decline in the e-Mini S&P 500 to 681.50 so far, but it certainly is not a positive influence. During the session the major equity market ETFs like the SPY, Q's, and DIA's all were down 2.00%-2.50%, while many of the sectors were unchangedThu, 05 Mar 2009 05:38:53 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-03-05.v02.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-02-25.htmlFrom Sunday Night's update: For Monday, we may see some early weakness as the short term technical's burn off the overbought readings. I am anticipating the bulls to step in and defend Friday's lows and believe we could close the day in the green. Early strength will find bears at every upside pivot. So a move up will come in fits and bits at first. Once they push past the congestion areas above, I am expecting a push to the 840 level in the coming weeks, with the 870 pivot in play. Review ofWed, 25 Feb 2009 05:51:09 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-02-25.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-02-20.htmlWhere are these oversold indices headed, and where are the buying opportunities? Our Weekly Wizards weigh in... Jack Steiman, author of SwingTradeOnline.com (www.swingtradeonline.com), sees the S&P 500 holding a critical support level, at least short-term: The S&P 500 is unlikely to break 741 except a possible breach intraday on this try. We have made enough attempts to break it and it usually but not always takes at least three major efforts by the bears to break things. It took fiveFri, 20 Feb 2009 05:53:59 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-02-20.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-02-11.htmlHarry Boxer, author of TheTechTrader.com (www.thetechtrader.com), selected Energy Conversion Devices (ENER) Monday after the close as his Chart of the Day. Harry describes the technical outlook for this stock: ENER had a terrific session Monday after releasing their earnings. Although the stock opened down and bounced and then made a lower low at 23.82, after the conference call the stock started to run, as apparently traders liked what they heard. It had a multi-wave advance that took it fromWed, 11 Feb 2009 05:47:21 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-02-11.htmlhttp://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-02-04.htmlMike Paulenoff, author of MPTrader.com, is bullish on commodities at the moment. He writes: My near term technical work in the U.S. Natural Gas Fund ETF (NYSE: UNG) argues that a significant low was established yesterday morning at 17.76, and that the first upleg of an incomplete recovery rally phase ended this morning at 19.54. The weakness during the early part of Tuesday, into the 18.26 area, represents a deep pullback within an otherwise viable counter trend rally-- that should head forWed, 04 Feb 2009 05:54:12 GMThttp://www.fxstreet.com/fundamental/analysis-reports/info@advicetrade.com (AdviceTrade.com)http://www.fxstreet.com/fundamental/analysis-reports/weekly-wizards/2009-02-04.html