20051012 CCI moves to downside, indicating strong momentum down resulting in another down day. Count about 9 consecutive days, so should be ready for a bounce higher. Can take some call options on the ES or YM to take advantage of extreme weakness on the opening tomorrow. E-mini S&P 500 chart
S&P 500 Charts
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'.
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