20070822 ES swing trade long is in play. Appropriate risk management to try to ride the retracement to 1504 is warranted.

E-mini S&P 500 chart

20070817 A reversal in the ES today, with the close above the high of yesterday. This is a buy signal on a swing basis, at the close. We should have another day or two of gains. Stop loss is below yesterday's close.

E-mini S&P 500 chart

20070815 ES closes further down. Sets up for a selling climax, or is this the climax? Time will tell.

E-mini S&P 500 chart

20070815 0736 ET. ES has made its move and broken out of the complex consolidation pattern. Today's trade will be crucial as to whether a 1987 style crash occurs. I know it is extreme, but some signs of panic may emerge if the price keeps falling downwards.

E-mini S&P 500 chart

20070803 Traders/investors have been spoilt by the one way up market in equities in recent times. Looking at the daily chart, the big picture and price action looks to be further downside, to me.

E-mini S&P 500 chart