S&P 500 Charts

2011-05-25T07:45:00.001-07:00

20110525 ES futures 2 min Wolfe wave reaches the objective...

2011-05-24T06:57:00.001-07:00

2011054 A wolfe wave long on ES futures after the opening.

2011-05-17T04:22:00.001-07:00

20110517 A amall 5 min EUR futures wolfe wave, a sell.

2011-05-16T20:41:00.001-07:00

20110517 ES futures, wofe wave long i globex.

2011-05-16T08:59:00.001-07:00

20110516 Halfway move on Soybean futures, and a developing ES wave..

2011-05-16T05:30:00.001-07:00

20110516 ES

2011-05-16T05:10:00.001-07:00

20110516 ES futures 5 min, woldfe wave in globex session.

2011-05-15T08:39:00.001-07:00

20110513 ES futures sell on wolfe wave 5 min.

5 min ES

2011-05-13T07:38:00.000-07:00

20110513 A smaller ES Wolfe wave...

2011-05-12T07:57:00.000-07:00

20110512 July Soybean sutures....5 min.

2011-05-12T07:43:00.000-07:00

20110512 Es futures 5 min, wolfe wave.

2011-05-11T07:03:00.001-07:00

20110511 Wolfe wave on ES ftures 5 min.

2011-04-15T08:43:00.001-07:00

20110415 ES futures, a sequence of long trades..

2011-03-25T08:00:00.001-07:00

5 min ES futures

2010-10-17T22:49:00.001-07:00

20101018 US dollar and the carry trade, implications for stock index futures/commodities if the dollar does reverse and find strength.

2010-09-28T08:34:00.001-07:00

20100928 What a reversal on the 5 min ES futures chrt...

2010-09-27T06:58:00.001-07:00

20100927 We got out scalp from this one!

2010-09-27T06:52:00.001-07:00

20100927 ES futures 24 tick indicators line up for the long....

Weekly S&P500 and Nasdaq 100 charts

2010-09-26T02:10:00.001-07:00

Inverted H&S formations has targets of 1220 and 2120 for the S&P and Nasd 100 respectively...

2010-08-31T07:16:00.001-07:00

20100831 ES and NQ futures 1 min, breakout....

2010-08-25T08:29:00.001-07:00

20100825 Tonight the focus is on the 1 min ES futures...

2010-08-24T07:22:00.001-07:00

20100824 ES futures stops triggered...

2010-08-24T06:55:00.001-07:00

20100824 The ES futures opens weak an testing supports. Shorts filled at the mov avg for a few ticks gain...

2010-08-24T05:32:00.001-07:00

20100824 2 min ES futures, going to place orders to short at the moving averages...

2010-08-20T08:40:00.001-07:00

20100820 ES futures gets below 1065.... Crucial level as it is the flash crash low...

2010-08-20T07:18:00.001-07:00

20100820 Short ES futures 1067.75 stop 1070.

2010-08-17T08:06:00.001-07:00

20100817 ES futures, scaling into the longs after the opening proved its worth....

2010-08-16T07:42:00.001-07:00

20100816 NQ ES futures 2 min chart....

2010-08-16T06:55:00.001-07:00

20100816 The long trades for today.

2010-08-13T05:59:00.001-07:00

20100813 2057 Daily chart of NQ and EX futures, momentum bars are still pointing downwards.....

2010-08-10T07:16:00.001-07:00

20100810 1015 ET The gap 'magnet' long trade on ES futures. 1109.50 level...

2010-08-09T06:44:00.001-07:00

20100809 0943 After 12 mins of trading ES chart (50 tick), took longs at 1121.75 for 2 ticks, then shorted at 1122 for 4 ticks...

2010-08-07T21:15:00.001-07:00

Patsystems jtrader, over 30,000 traders use it worldwide.

2010-08-06T06:50:00.001-07:00

20100806 ES futures reaches high of 1118.75...

2010-08-06T06:42:00.001-07:00

Phillip Futures Malaysia Sdn Bhd is a licensed futures broker operating in Malaysia.

Services offererd:

Futures online trading utilising Patsystems Jtrader.

Bursamalaysia Derivatives- KLCI Index futures, CPO futures

Singapore Exchange: simsci, timsci, nikkei 225 index futures

Hong Kong Futures Exchange: Hang Seng, China H share Index futures,

US exchanges: CBOT, CME, ICE, Nymex: Soybeans, Corn, Wheat, Crude Oil, Gold futures, emini S&P500, Nasdaq100 and mini Dow futures.

European exchanges: Liffe, FTSE 100 futures: Eurex: DJ Eurostox 50, Dax index futures

For self directed individuals wishing to take up the challenges of futures trading, Phillip fuutres provides online internet access for direct access to these markets. If you are interested, email: emacro88@gmail.com doreenlee@phillip.com.my

2010-08-06T06:35:00.001-07:00

20100806 ES chart opens gap down and proceeds to fill the gap...

2010-08-05T04:22:00.001-07:00

20100805 Premarket 5 min ES futures.

2010-08-04T07:02:00.001-07:00

20100804 2102 ES makes a move to the upside....

2010-08-04T06:48:00.000-07:00

20100804 2147 On balance, looking for longs turns out to be better...

2010-08-03T07:05:00.001-07:00

20100803 2205 ES futures 34 tick chart, a nice downtrend....

2010-08-03T06:49:00.001-07:00

20100803 2149 ES futures for the first 20 mins of trade....

2010-07-28T06:52:00.001-07:00

20100728 The short works well at 1110.25, nice move down... can let the runners run after taking partial profits.

2010-07-28T06:50:00.000-07:00

Phillip Futures Malaysia Sdn Bhd is a licensed futures broker operating in Malaysia.

Services offererd:

Futures online trading utilising Patsystems Jtrader.

Bursamalaysia Derivatives- KLCI Index futures, CPO futures

Singapore Exchange: simsci, timsci, nikkei 225 index futures

Hong Kong Futures Exchange: Hang Seng, China H share Index futures,

US exchanges: CBOT, CME, ICE, Nymex: Soybeans, Corn, Wheat, Crude Oil, Gold futures, emini S&P500, Nasdaq100 and mini Dow futures.

European exchanges: Liffe, FTSE 100 futures: Eurex: DJ Eurostox 50, Dax index futures

2010-07-28T06:14:00.001-07:00

Maybe the short on opening of us session is 1110.25...

2010-07-27T07:18:00.001-07:00

20100727 Mian trade for the day for ES futures short has some follow through...

2010-07-27T06:53:00.001-07:00

20100727 We went short at 1115, according to the plan.

2010-07-27T06:42:00.001-07:00

20100727 OK, we managed to get the 1 point per contract scalp profit from the long from 1015.75.

2010-07-27T06:23:00.001-07:00

20100727 If 1015.75 comes we are thinking of scalping long for a point or two. Then look for a sell signal to trade on short side.

2010-07-26T07:14:00.001-07:00

20100726 2011 Emini S&P 500 futures 4 tick range bar chart. Very nice in a trending market. Attached the 2 min Impulse Momentum chart...

2010-07-24T06:27:00.001-07:00

Phillip Futures Malaysia Sdn Bhd is a licensed futures broker operating in Malaysia.

Services offererd:

Futures online trading utilising Patsystems Jtrader.

Bursamalaysia Derivatives- KLCI Index futures, CPO futures

Singapore Exchange: simsci, timsci, nikkei 225 index futures

Hong Kong Futures Exchange: Hang Seng, China H share Index futures,

US exchanges: CBOT, CME, ICE, Nymex: Soybeans, Corn, Wheat, Crude Oil, Gold futures, emini S&P500, Nasdaq100 and mini Dow futures.

European exchanges: Liffe, FTSE 100 futures: Eurex: DJ Eurostox 50, Dax index futures

2010-07-19T06:52:00.001-07:00

20100719 0951 am Long ES signal at 1066.0

2010-05-21T18:03:00.001-07:00

The week that was on the DJIA.

2010-05-19T07:49:00.001-07:00

20100519 June Gold futures buy signal on 10 tick...

2010-03-26T07:08:00.001-07:00

4 tick range candlestick chart & 1 min of the ES emini S&P500 corrobating each other for the long trade.

2010-03-24T07:38:00.001-07:00

20100324 0937 A great area (circled) to scalp the ES long today...

2009-03-23T07:25:00.001-07:00

ES futures have risen in a big way since our buy call. Cast your minds back to the past 2 weeks, when the so called experts called a 'dead cat bounce', and very quickly dismissed any move as a 'bear market rally'. And they were so quick to "put out a research note on this....." bloomberg TV reported. Listen to these bodheads, one would have missed this long trade opportunity.

20090323 1025 ET. emini S&P 500 futures moves up in buy signal on 2 min chart, as the trin continues to trend lower.

2009-03-17T07:47:00.001-07:00

20090317 1047 Et. Using Tradethemarkets analysis, we can see that the path to least resistance is to the upside, given this bounce in equities, so the prudent thing was to buy a retracement to the 8 ema. If one missed this, we might wait for a retrace to the 21 ema for the longer term swing play.

2009-03-12T08:17:00.001-07:00

20090312 1110. Buy signal in play for the ES.

2009-03-11T09:12:00.000-07:00

20090311 ES closed above the 710 level yesterday, so the buy signal targets 740 level and beyond.

2009-03-05T06:38:00.000-08:00

20090305 If the ES can close above 710, then it will be a short term buy signal.

2008-12-12T18:20:00.000-08:00

20081212 The last inverted H&S did not trigger. Now there is another ES H&S pattern that pushed through the neckline, and today pulled back through it.... and it forms a hammer, which is a bullish sign for next week.

2008-11-07T17:09:00.000-08:00

20081107 bad news pervade the market: NFP, GM possible bankruptcy, LV sands unable to raise funding for their Asian ventures.... But the market went UP today. To me this phase of selldown may be the formation of the inverted H&S formation. We'll see how this works out in the days ahead.

2008-10-31T19:45:00.000-07:00

20081031 The reversal is in place, with the S&P 500 rising by over 10% this week, the best performance by the index this year. Significant is the first back to back gain in terms of diily closes for the ES and cash S&P 500 index. The triple spike down is a sort of poor man's (pardon the pun) inverted H&S formation.

2008-10-17T18:17:00.000-07:00

20081017 The end of a historic tumultous week for the S&P 500 futures, where options expiration takes effect today. The Dow closes with its best ever positive performing week, while on Wednesday, it saw its biggest ever plunge since 1987. Friday's closing and trade is more governed by this than anything else. What I suspect is that stock indices will be traded in the range set this week.

2008-10-10T19:23:00.000-07:00

20081010 So much for the short term rebound. The huge volume for the market yesterday and the freefall on the open and subsequent rebound, is a hallmark of capitulation. We are with the commentators, "whatever you buy today on the stock market in a couple of weeks there should be in profit"

2008-10-06T19:12:00.000-07:00

10081006 Fingernails broke but still trying to hold on. Could be very near to a sort term bottom for the ES, emini S&P500 futures.

2008-10-03T19:24:00.000-07:00

20081004 Another tumultous week for the stock indices. Chart of ES looks like "man just fell off the cliff and hanging on by his fingernails". What might happen is that the market will make one big selloff with huge volume, indicating the bottom of the market. Let's see if this happens. Sometimes what we think will happen may not happen.

2008-09-15T20:57:00.000-07:00

20080916 The demise of Merrill Lynch and Lehman Brothers as going concerns, provides the impetus for the collapse of the ES emini S&P 500 futures contracts, ocntinuing from our breakout identified in the last post.

2008-09-05T18:13:00.001-07:00

20080905 Well, we have the ES emini S&P500 futures break to the downside this week. Pattern is playing out. Today's action may only be the start of the retest of the support once broken now becoming resistance.

2008-08-27T21:27:00.000-07:00

20080827 Emini s&p 500 futures are scribing a sideways channel. Breakout levels are 1260 and 1295, for shorts and longs respectively. Watching....

2008-06-26T08:18:00.000-07:00

20080626 1110 EST. Big drop in the indices today, with the ES emini S&P 500 futures following suit. When the daily ES H&S pattern broke, one has to take notice and one may profit from it.

2008-06-11T20:21:00.000-07:00

20080611 Another impulse move accentuates the head and shoulders pattern in the ES emini S&P500 futures chart. When push comes to shove, now the pattern is clear for all to see.

2008-06-08T05:48:00.000-07:00

20080606 We alluded to the possible H&S formation on the ES emini s&p 500 previously. Today it triggered the sell signal.

2008-06-04T15:03:00.000-07:00

20080604 We see a possible head and shoulders pattern triggering on the ES emini S&P 500 futures chart.

2007-11-09T23:48:00.000-08:00

20071109 DJIA cash index is on the downtrend on the 120 min timeframe chart.

2007-10-22T08:11:00.001-07:00

20071022 1110. S&P 500 cash index is on the downtrend on a 30 min basis.

2007-10-08T17:14:00.001-07:00

20071008 The S&P 500 e mini futures reached some extended levels from the moving averages. May be some correction as players take profits.

2007-10-05T18:29:00.000-07:00

20071005 ES continues to spike higher, making this a nice travel from the initial breakout level. This analysis, based on Fibonacci timing cycles by C Boroden of Synchronicity Market Timing looks interesting, let's see how it will pan out.

2007-09-28T01:44:00.001-07:00

20070927 ES daily chart consolidates after the breakout out of range trade.

2007-09-25T00:54:00.001-07:00

20070924 Last week's 50 bp cut in the Fed Funds rate proved to be the catalyst to propel the ES Dec 07 futures out of its range trade. After a breakout, typically the market will come back to retest the breakout zone, to shake out those who jump on board of the breakout.

2007-09-07T17:58:00.001-07:00

20070907 A big drop in the ES today. But to me, it looks like the emini S&P 500 futures is scribing a range trading zone.

2007-09-04T20:50:00.001-07:00

20070904 ES (emini S&P500 futures) is testing the resistance areas of the longer term moving averages. Needs to get above to get any momentum going on the upside.

2007-08-22T23:29:00.001-07:00

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

2007-08-17T21:05:00.000-07:00

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.

2007-08-15T20:22:00.001-07:00

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

2007-08-15T04:36:00.001-07:00

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.

2007-08-03T17:18:00.001-07:00

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.

2007-07-27T17:29:00.001-07:00

20070727 ES 'turtle soup' reversal at 1549 turns out, with the proper money management to be a belter of a trade, almost 100 points of profit potential.

2007-07-20T19:53:00.001-07:00

20070720 ES is in Turtle Soup sell signal from 1550, with the stop above the previous high. Let's see how this classic reversal pattern pans out.

2007-07-17T16:07:00.001-07:00

This is very interesting:(from Yahoo Finance)
The short time that it took the Dow to pass this its milestone recalls its ascent during the dot-com boom, especially because it took only 129 days to make the passage from 12,000 to 13,000. In the late 1990s, the Dow took just 24 days to go from 10,000 to 11,000, and 89 days to go from 6,000 to 7,000.

The end of the high-tech boom plus the recession and the aftermath of the Sept. 11, 2001, terror attacks helped send all the major market indexes into reverse. It took the Dow 7 1/2 years to trek from 11,000 to 12,000, and only last October began setting its first record highs since January 2000. The Dow has since logged 53 record closes including Tuesday's gains.

1450 has breached, so the turtle soup reversal pattern is in play, with stop at the previous high.

2007-07-15T16:58:00.001-07:00

20070713 ES breaks out of the previous resistance 1550, which now becomes the trigger price for any 'turtle soup' reveral setup.

2007-06-27T17:32:00.001-07:00

20070627 The cash DJIA made a dou bottom around our projected support level of 13009. Taking longs with this pattern at support on the ES and YM futures, turned out to be a good swing trade entry. Appropriate money management applies.

"The Dow rose 90.07, or 0.68 percent, to 13,427.73, after dropping 77 points earlier in the day. The blue-chip index had lost a total of 208 points in the previous three sessions.

Broader indexes also rose. The Standard & Poor's 500 index gained 13.45, or 0.90 percent, to 1,506.34, and the Nasdaq composite index jumped 31.19, or 1.21 percent, to 2,605.35."
Quoted from Yahoo finance: "Stocks Rally Ahead of Fed Rate Decision"

2007-06-22T18:04:00.001-07:00

20070622 Quoted from Yahoo Finance, "The Dow fell 185.58, or 1.37 percent, to 13,360.26. On Thursday, stocks had fluctuated before ending higher, with the Dow recovering 56 points following a 146-point tumble on Wednesday."

How best to trade this? Larry Pasavento postulates the AB=CD formation, which looks like the lightning bolt, to project possible buy point. Taking 1.618 of 146 point (Thursday decline) gives 236.23. Project down from Friday close gives a support level of 13309.6, about 50 points from Friday close.

2007-06-07T20:05:00.001-07:00

20070608 ES crashes, as long bond yields go above 5%. The short signal was actually on 20070607, close below the trendline.

2007-05-20T17:14:00.001-07:00

20070518 Big time wrong in calling the short. Howevre, in trading it is not about right or wrong, but money management to cut the position early when things don't go right.

2007-05-15T17:16:00.000-07:00

20070515 With ES closing below the trendline, might consider short on a swing basis, with relevant stops.

2007-05-11T17:22:00.001-07:00

20070511 ES pulls back to the trendline. Lower high and lower low. Would be looking for trigger to get short. If ES does go up maybe the bigger trend resumes, so the jury is still out.

2007-05-11T17:22:00.000-07:00

20070511 ES pulls back to the trendline. Lower high and lower low. Would be looking for trigger to get short. If ES does go up maybe the bigger trend resumes, so the jury is still out.

2007-05-10T16:27:00.000-07:00

20070510 ES breaks through support of ema and trendline. Look for pullback to short. In Feb 2007, markets worldwide sneezed when China stock market plunged. In recent weeks, signs of overheating and possible correction in the Chinese stock markets might be the trigger that trigger the global equities market correction.

2007-05-01T18:15:00.000-07:00

20070501 Since the buy signal in early April, we have had a nice move up to new highs on the ES.