20050729 A bearish candlestick pattern, showing selling. Expect urther downside from here, but ES is resting on moving average support.

E-mini S&P 500 chart
Chronicle of trading in ES S&P 500 index futures using momentum indicator CCI. Charts by www.futuresource.com. Note: The content here are for educational purposes only. Nothing in this blog constitute advice to buy or sell financial instruments and should not be construed as 'investment advice'.
20050729 A bearish candlestick pattern, showing selling. Expect urther downside from here, but ES is resting on moving average support.

E-mini S&P 500 chart
20050728 2nd day of continuatin of the break out of the ID/NR4. Headlines says "S&P and Nasdaq climb to 4 year highs"

E-mini S&P 500 chart
20050726 An ID/NR4 inside day/narrowest range last 4 days setup for breakout either side.

E-mini S&P 500 chart
20050721 Daily candlestick is or selling interest overwhelming buyers. Expect more weakness at least on open today.

E-mini S&P 500 chart
20050719 Buying interest seen in the candlestick. CCI back above +100, a +100 rejection is a buy signal but is aggressive, with the risk being higher than a ZLR.

E-mini S&P 500 chart
20050718 CCI closed below +100, a sell signal, coupled with the selling candlestick, so the move down could have begun. Needs CCI to get back above +100.

E-mini S&P 500 chart

E-mini S&P 500 chart

E-mini S&P 500 chart

E-mini S&P 500 chart

E-mini S&P 500 chart

E-mini S&P 500 chart

E-mini S&P 500 chart

E-mini S&P 500 chart