Thursday, June 30, 2005

20050630 Moving avg support finally broke, and with CCI going below zero, have a short signal, target should be the 34 ema 1188. Posted by Picasa

E-mini S&P 500 chart


Wednesday, June 29, 2005

20050629 Profit taking continues. Mov avg 58.6 provides esistance. Can look for resumption of trend trade with move above this level and a ZLR pattern. Posted by Hello

E-mini S&P 500 chart


2005069 Downside momentum still there, not out of danger yet. In fact Shamu sell could trigger. Posted by Hello

E-mini S&P 500 chart


Tuesday, June 28, 2005

20050628 CCI went back above zero, so it seems ES is out of immedite danger. However might look for CCI move below zero again to resume weakness. Posted by Hello

E-mini S&P 500 chart


Monday, June 27, 2005

20050627 Down move pauses with the doji pattern at the moving avg. CCI momentum still signalling possible further weakness. Needs turn back up above zero line to bring it out of danger of further down moves. Posted by Hello

E-mini S&P 500 chart


Friday, June 24, 2005

20050624 Strong move down continues, closing at mov avg support. Next level of support comes in at 1183, the 34 ema, momentum is strong to downside, with CCI going below zero line. Posted by Hello

E-mini S&P 500 chart


Thursday, June 23, 2005

20050623 Sometimes the signls trigger one day late. A good beak downwards, this might continue for a while, given the market has 'coiled the spring' for few weeks now. Posted by Hello

E-mini S&P 500 chart


Wednesday, June 22, 2005

20050622 False breakout from the insede day of 23/06. Ended up creating doji for the day. Maybe tonight the market will overcome the indecisiveness and breal the 1216-22 range. Posted by Hello

E-mini S&P 500 chart


Tuesday, June 21, 2005

20050621 was an inside day. If the ES breaks out today 1223 or break down 1216, we might see a trend day progress today. Posted by Hello

E-mini S&P 500 chart


Monday, June 20, 2005

20050620 ZLR still in play. Exit long if CCI falls below 50. Needs CCI to break through +100 for more decisive move up. Posted by Hello

E-mini S&P 500 chart


Friday, June 17, 2005

20050617 Daily chart CCI coming of a ZLR showing strong momentum. Candle for past few days indicte some buying interest, so looks like could continue breakout next week. Posted by Hello

E-mini S&P 500 chart


A resource to E-mini S&P 500 daily chart (click for updated chart)

E-mini S&P 500 chart