Thursday, March 30, 2006

20060330 ES candle today is inverted hammer, but the trading looks like forming a bull flag range Posted by Picasa

E-mini S&P 500 chart


Tuesday, March 28, 2006

20060328 FOMC interest rate decision day, first with B Bernanke as chairman. Bearish reversal candlestick, and ES closes below the key 1305 level. Posted by Picasa

E-mini S&P 500 chart


Saturday, March 25, 2006

20060324 Some suppot and resistance trendlines, 1305 remains key to uptrend continuing Posted by Picasa

E-mini S&P 500 chart


Thursday, March 23, 2006

20060323 Russell futures trying to push for new highs Posted by Picasa

E-mini S&P 500 chart


20060323 Consolidates in a triangle formation Posted by Picasa

E-mini S&P 500 chart


Tuesday, March 21, 2006

20060321 Testing the moving average support soon. Posted by Picasa

E-mini S&P 500 chart


Friday, March 17, 2006

20060317 Since the breakout of the 1260-1290 range, target would be 1320, the width of the old consolidation. We might scribe a new range from here. Posted by Picasa

E-mini S&P 500 chart


Thursday, March 16, 2006

20060316 S&P 500 futures, no indications of uptrend failing yet, nor any reversal signals short term. Posted by Picasa

E-mini S&P 500 chart


Wednesday, March 15, 2006

20060315 Continues on to make new high for the ES. Might be a turte soup reversal short setting up. Posted by Picasa

E-mini S&P 500 chart


Tuesday, March 14, 2006

20060314 ES strong buying candlestick on day the cash S&P reaches highest level since 2001. Goldman Sach strong profit numbers lifts market. Posted by Picasa

E-mini S&P 500 chart


Monday, March 13, 2006

20060313 Above the moving aerages, with a positive candlestick indicating buying interest, with CCI peeking above zero line, indications are for continued upside. Posted by Picasa

E-mini S&P 500 chart


Friday, March 10, 2006

20060310 Engulfing bullish candlestock on NFP data day. Should continue strength into early part of next week. Posted by Picasa

E-mini S&P 500 chart


Thursday, March 09, 2006

20060309 Follow through buying created the expected strength in the morning, but ES is unable to sustain gains, closing low. This is not a sign of a strong upside market. NFT tomorrow will maybe shed more light. Posted by Picasa

E-mini S&P 500 chart


Wednesday, March 08, 2006

20060308 Possible short term reversal with hammer candlestick. Look for strength, at least into the morning of 9 March. Posted by Picasa

E-mini S&P 500 chart


Tuesday, March 07, 2006

20060307 4 th consecutive days of down move. Posted by Picasa

E-mini S&P 500 chart


Monday, March 06, 2006

20060306 Pattern on ES dowsn't auger well for upside move. Posted by Picasa

E-mini S&P 500 chart


Thursday, March 02, 2006

20060302 Inside Day doji with a long shadow, indicates bulls still in control, with morning weakness being profit taking. Posted by Picasa

E-mini S&P 500 chart


Wednesday, March 01, 2006

20060302 Large ID (Inside Day) pattern. Got to see what comes out f it. Posted by Picasa

E-mini S&P 500 chart