Friday, April 28, 2006

20060428 ES sideways action, with long tails on candlestick. Posted by Picasa

E-mini S&P 500 chart


Thursday, April 27, 2006

20060427 Intraday view of the ES with support levels. Posted by Picasa

E-mini S&P 500 chart


20060427 ES needs to hold above 1310 to maintain the upside momentum of the current move. Posted by Picasa

E-mini S&P 500 chart


Monday, April 24, 2006

20060424 ES long wicks on the candlesticks indicate markets are still uncertain on direction, with doomsday merchants harping on US75 oil. Posted by Picasa

E-mini S&P 500 chart


Friday, April 21, 2006

20060421 Big doji on the ES, indicates uncertainty due to the oil price hitting above US75 per barrel. Posted by Picasa

E-mini S&P 500 chart


Thursday, April 20, 2006

20060420 S&P 500 shows some resilience, despite the strong gains of late, mild profit taking. Dow breaches 10400, but closes below. Posted by Picasa

E-mini S&P 500 chart


Wednesday, April 19, 2006

20060419 The day fter 425 of the 500 S&P500 stocks rose. Continued momentum pushed into higher ground, holding the 1309 support. Oil price above USD72 per barrel was ignored. Posted by Picasa

E-mini S&P 500 chart


Tuesday, April 18, 2006

20060418 Breaks through resistance at 1309 (previous support), looking t buy dips. Posted by Picasa

E-mini S&P 500 chart


Monday, April 17, 2006

20060417 Big tails on candlestick shows indecisive price action on the ES. Posted by Picasa

E-mini S&P 500 chart


Thursday, April 13, 2006

20060314 ES remains below the 1309, since the break of that suport identified last week. Needs to get above that to negate possible downside. Posted by Picasa

E-mini S&P 500 chart


Tuesday, April 11, 2006

20060411 cci fals below zero, support at 1309 broke. Looking for shorts on pullback to mov avg. Posted by Picasa

E-mini S&P 500 chart


Monday, April 10, 2006

20060410 A pause in the downward movement, possibly continuing once 1399 is taken out. Posted by Picasa

E-mini S&P 500 chart


Saturday, April 08, 2006

20060407 Looks to be pretty strong momentum building to punch through the bottom of 1300-20 range. If it does can present opportunity to short the first pullback. Posted by Picasa

E-mini S&P 500 chart


Thursday, April 06, 2006

20060406 Did not make the assault on the 1320 level as expected, but buyers still stepped in to stem the early selling pressure. Posted by Picasa

E-mini S&P 500 chart


20060405 Testing the top of the 1300-1320 range, a break above can see some distance to travel up. Posted by Picasa

E-mini S&P 500 chart


Tuesday, April 04, 2006

20060404 ES needs to breakout of the recent 1300-1320 range for significant movement Posted by Picasa

E-mini S&P 500 chart


Monday, April 03, 2006

20060403 Resistance faced at 1315-1318, from the wicks of the candles. Bigger picture is within the 1300-20 level consolidation. Posted by Picasa

E-mini S&P 500 chart


Sunday, April 02, 2006

20060331 ES is trading sideways consolidation in 1300-1320 range. Needs to break out either side to see significant moves. Posted by Picasa

E-mini S&P 500 chart