Monday, July 31, 2006

20060731 Inside day on ES, poised for breakout. Posted by Picasa

E-mini S&P 500 chart


Friday, July 28, 2006

20060728 GDP weaker figures, pushes ES into the zone of the wicks. If we can get the close above 1285, might lead to further rally. Posted by Picasa

E-mini S&P 500 chart


Thursday, July 27, 2006

20060727 Long tailed candlesticks on ES indicates selling. Needs to break above 1285 convincingly to push higher. Posted by Picasa

E-mini S&P 500 chart


Wednesday, July 26, 2006

20060726 A see saw day of trading sees another spinning top candlestick. Posted by Picasa

E-mini S&P 500 chart


20060726 ES dialy. Settling down after the wild movement. Posted by Picasa

E-mini S&P 500 chart


Tuesday, July 25, 2006

20060725 Bulls step up to the plate, looks like uptrend can continue on. Posted by Picasa

E-mini S&P 500 chart


Monday, July 24, 2006

20060724 Health care stocks rise due to better profit announcements, sparking rally on the ES. Posted by Picasa

E-mini S&P 500 chart


Friday, July 21, 2006

20060721 ES erases the gains made (after the Bernanke comments) Looks to have retraced 61.8%, possible to make continuation move up. Posted by Picasa

E-mini S&P 500 chart


Thursday, July 20, 2006

20060720 ES retraces some of the big gains, turns out to be stronger than the big caps. CCI looks to be consolidating along zero line. Posted by Picasa

E-mini S&P 500 chart


Wednesday, July 19, 2006

20060719 Big rally to moving average resistance, on Bernanke 'elevator' comments. Posted by Picasa

E-mini S&P 500 chart


Tuesday, July 18, 2006

20060718 To our expectations, the ES rebounds from intraday oversold conditions. Posted by Picasa

E-mini S&P 500 chart


Monday, July 17, 2006

20060717 A spinning top, indicates uncertainty or a pause in the downtrend. Posted by Picasa

E-mini S&P 500 chart


Friday, July 14, 2006

20060714 With the CCI below zero, ES could be continuing on downward move, but expecting a technical rebound. Posted by Picasa

E-mini S&P 500 chart


Thursday, July 13, 2006

20060713 ES tumbles, momentum shift after the ZLR buy signal fails. Fears of escalation of conflict in the middle east cause crude oil to spike to US78 per barrel. Posted by Picasa

E-mini S&P 500 chart


20060713 ES momentum shift reversal, after failure of zLR buy signal. Middle east conflict widens by Israel spark fear of escalation, with crude oil spiking to US78 per barrel. Posted by Picasa

E-mini S&P 500 chart


Wednesday, July 12, 2006

20060712 ZLR pattern failing, but is still within a bull flag formation. Posted by Picasa

E-mini S&P 500 chart


Tuesday, July 11, 2006

20060711 ES shows the ZLR buy signal, with a hammer formation. Posted by Picasa

E-mini S&P 500 chart


Monday, July 10, 2006

20060710 Nice consolidation, looking for ZLR buy on the CCI. Posted by Picasa

E-mini S&P 500 chart


Friday, July 07, 2006

20060707 NFP data released. ES breaks the ID pattern to move lower. Posted by Picasa

E-mini S&P 500 chart


Thursday, July 06, 2006

20060706 ES inside day pattern, looking for breakout either side. Posted by Picasa

E-mini S&P 500 chart


Wednesday, July 05, 2006

20060705 North Kores test fired 7 missiles today. ES price action shows an evening star reversal pattern, along with CCI punching below +100, indicates a sell signal. Posted by Picasa

E-mini S&P 500 chart


Monday, July 03, 2006

20060703 1269 would be support, for a long trade. Posted by Picasa

E-mini S&P 500 chart