20050930 Continuation of the strong upside move yesterday, building momentum. 

E-mini S&P 500 chart

20050929 Bears unable to hold the prices down, candle shows buying pushing up to close near highs. This move out of the consolidation (coiled spring) could be the prelude to a continuation of upside move. 

E-mini S&P 500 chart

20050928 Sideways action on doji bar, coiling of the spring continues. 

E-mini S&P 500 chart

20050927 Big doji candlestick. CCI momentum on downside, watching which way CCI breaks, but balance is on the downside. 

E-mini S&P 500 chart

20050926 Short off the moving average, with continuatin to downside. 

E-mini S&P 500 chart

20050923 1225.8 is a good level to short against, (moving average) for swing trade short. 

E-mini S&P 500 chart

20050922 A rebound after 3 days down. 1224-1225 around the level of the 9 moving average would be a level to look for short to continue the downtrend alluded to yesterday. 

E-mini S&P 500 chart

20050921 A econd consecutive big selling candlestick. Now way below moving avgs, so could be start of a period of downtrend. CCI momentum accelerates to the downside supporting down bias. 

E-mini S&P 500 chart

20050920 

E-mini S&P 500 chart

20050916 Bounces off the moving average support, showing a ZLR buy signal today. 

E-mini S&P 500 chart

20050915 A balanced day between buyers and selllers, ahead of options expiration on Friday. 

E-mini S&P 500 chart

20050914 ES testing the moving averages, crucial for the market to hold these levels. 

E-mini S&P 500 chart

20050913 Break in the ES to test the moving average. Have to see if can move up from here. 

E-mini S&P 500 chart

20050912 Trend has turned to up with good CCI momentum on upside. 

E-mini S&P 500 chart

20050909 Big candle indicates buying interest, bring S&P 500 near the previous highs. Expect more strength on the opening on Monday, barring unforseen news events. 

E-mini S&P 500 chart

20050908 Waiting for next move. 

E-mini S&P 500 chart

20050907 A consolidation candlestick after the big rally. CCI momentum turning positive. 

E-mini S&P 500 chart

20050906 Simultaneous breakout of the ID (inside day) candlestick and CCI punching above the zero line. Should be more strength tomorow, at least in the morning. 

E-mini S&P 500 chart

20050902 Daily chart. 

E-mini S&P 500 chart

20050902 In between the moving averages, and formed an ID (Inside Day). CCI momentum on the downside. 

E-mini S&P 500 chart

20050901 Some initial follow thrugh early morning, which is expected after a big candlestick. Doji by the end of the day, with CCI trying the major resistance zero line. If CCI goes through zero could signal more upside ahead. 

E-mini S&P 500 chart