Wednesday, September 27, 2006

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. Posted by Picasa

E-mini S&P 500 chart


Tuesday, September 26, 2006

20060926 ES continues the breakout from the bull flag. Dow Jones Ind Average has its second highest close ever. Posted by Picasa

E-mini S&P 500 chart


Monday, September 25, 2006

20060925 ES rebound, encompass the two down candles, indicates strength in the market. However resistance at previous high provides sell point. Posted by Picasa

E-mini S&P 500 chart


Thursday, September 21, 2006

20060921 A possible reversal pattern, could be 1 to 2 days of consolidation ahead. Posted by Picasa

E-mini S&P 500 chart


Wednesday, September 20, 2006

20060920 FOMC rate decision. Posted by Picasa

E-mini S&P 500 chart


Tuesday, September 19, 2006

20060919 Coup in Thailand causes a probe down, creating support now at 1309. Posted by Picasa

E-mini S&P 500 chart


Monday, September 18, 2006

20060918 6:14 am. Premarket in ES. Posted by Picasa

E-mini S&P 500 chart


Thursday, September 14, 2006

20060914 ES gaps up on overnight session. Posted by Picasa

E-mini S&P 500 chart


Wednesday, September 13, 2006

20060913 ES continues the rally. Dow is within striking distance of all time high, which could signal some volatility ahead. Posted by Picasa

E-mini S&P 500 chart


Tuesday, September 12, 2006

20060912 ES reversal candlestick we identified yesterday turned out to be a good one. Posted by Picasa

E-mini S&P 500 chart


Monday, September 11, 2006

20060911 Test of 1292 successfully. Possibly a reversal off support level of 1292, which provides strong level. Posted by Picasa

E-mini S&P 500 chart


Saturday, September 09, 2006

Test

20060908 ES needs to break back above 1304 to stay out of danger.

E-mini S&P 500 chart


Wednesday, September 06, 2006

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. Posted by Picasa

E-mini S&P 500 chart


Tuesday, September 05, 2006

20060905 ES looks to be losing momentum on upside. Posted by Picasa

E-mini S&P 500 chart


Friday, September 01, 2006

20060901 ES rallies above the resistance levels, on release of NFP data. Posted by Picasa

E-mini S&P 500 chart