Chicagostock Trading

Chicagostock Trading

Notable Market Calls

Some notable market predictions and analysis in PDF:

2008- SP500 Reversal (September Top) Start of crash. Vix Breakout: 2008SP500REVERSAL.pdf

2009-2013 Gold Trends: 2009-2013GOLDTRENDS.pdf

2010 SP500 Flash Crash: 2010FLASHCRASH.pdf

2011 SP500 Debt Downgrade: 2011DEBTDOWNGRADE.pdf

2012 FOMC Gold Top: 2012FOMCGOLDTOP.pdf

2012 Markets Media Article - Bullish stocks: 2012MARKETSMEDIAARTICLE.pdf

2015 SP500 First Rate Hike: 2015SP500FIRSTRATEHIKE.pdf

2016 Crude Oil Bottom: 2016CRUDEOILBOTTOM.pdf

2016 30 Year Bond Market Top: 201630YEARBONDTOP.pdf

2016 Dow Jones Cup/Handle Projecting 20k: 2016DOWJONESCUPHANDLE20K.pdf

2016 SP500 February Bottom: 2016FEBRUARYBOTTOM.pdf

2016 SP500 November Election Bottom: 2016SP500ELECTION.pdf

2017 SP500 March Top: 2017SP500MARCHTOP.pdf


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305 Hits

SP500, Bonds, Yen, Euro Chart Updates



Since the gap down two Sunday's ago on the Cyprus news and bouncing off the old highs from February at 1530, the market has gone into a major tug of war whipping short sellers who have tried to come in following the news.  The "plunge protection team" has managed to keep the momentum alive with higher lows.  Just 1 week after that gap down, the squeeze managed to print new highs on the year at 1560.50. Following this new high,  another pullback was seen to retest the prior low of 1535 only to see another higher low develop at 1539.  On Tuesday this led to a recovery that retested and pressed against resistance based off the Sunday high.  This has led to the market climbing back Tuesday night and retesting the 1560.50 level with the market tapping it again, however failing to breach.  Thus far this has led into another pullback, retesting the previous lows of 1539 with lows of 1545.75.  Higher low again as the range tightens and the market builds buy stops above the highs going into the holiday weekend. Sell stops also building below this trend of higher lows and they will be targeted eventually, question will be if momentum can stay alive into the holiday weekend as the range is now 154575-156050.  Resistance met against 1558 with stops above 1560.50.  Support  1548-1539. Bonds as shown below have continued to hold their bid following the Cyprus gap above 14200 and this has led to tap the March highs of 14429.  The squeeze eventually completes on a move past the February high of 14611 to confirm the break below 14200 as a failure.

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1293 Hits

Reversals of the Year


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1994 Hits

Major USD Reversal No One is Talking About





The US dollar is one of the most important, yet least discussed chart of the year.  Noticing the dollar's break below 79600 late January, early February, only to establish a bearish bias and lure in shorts before turning around higher. The market has held above its reversal window, thus reversing the bearish bias which has led the market to take out its year highs of 8100 set early January.  This U turn is having a major effect and pressure on commodity markets as the USD failed to break lower and is trading on new highs for the year. Take note of the gold chart how it is completely opposite of the dollar chart and is an upside down "U" from the beginning of the year.




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1350 Hits

SP500, Nasdaq, Midcap Daily Charts






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2168 Hits

SP500, US Dollar, Euro






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1035 Hits

GLD Chart Update

 GLD (Daily)  12_10_2010 - 1_27_2012.jpg


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1626 Hits