20060927 With the dow within points of the all time high, ES shows hesitation with small range and body of the candlestick. If spurts up, may provide a short term short trade.
E-mini S&P 500 chart
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'.
20060927 With the dow within points of the all time high, ES shows hesitation with small range and body of the candlestick. If spurts up, may provide a short term short trade.
E-mini S&P 500 chart
20060926 ES continues the breakout from the bull flag. Dow Jones Ind Average has its second highest close ever.
E-mini S&P 500 chart
20060925 ES rebound, encompass the two down candles, indicates strength in the market. However resistance at previous high provides sell point.
E-mini S&P 500 chart
20060921 A possible reversal pattern, could be 1 to 2 days of consolidation ahead.
E-mini S&P 500 chart
20060913 ES continues the rally. Dow is within striking distance of all time high, which could signal some volatility ahead.
E-mini S&P 500 chart
20060912 ES reversal candlestick we identified yesterday turned out to be a good one.
E-mini S&P 500 chart
20060911 Test of 1292 successfully. Possibly a reversal off support level of 1292, which provides strong level.
E-mini S&P 500 chart
20060906 ES falls below 9 ema, would expect more weakness ahead. However with the large range today, we will be looking to long moves into pivot support levels.
E-mini S&P 500 chart