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Author: Vlad
ES / SP500 Update
Hey Traders, unfortunately there are not many clues from Mr Market these days, will have to be watching Dollar closely as well as see what happens with all the news this week. ES/SP500 continues to be in the wedge, with top of the wedge resistance being about the only thing I see in the way…
Num6ers 9am3
This is coming to you live from random thoughts / we’ve seen stranger things happen department … – 666 on 3-6-9 was the low of the current bear market– July low was put in almost exactly at 12:34:56 on 7-8-9 Tomorrow is 9-9-9 (6 months from the low) … with BO giving a speech on…
Euro, Dollar and Gold
Hey Traders, Lets take a long at whats going on with x-King Dollar, Euro and the oh-so-precious metal. Firstly, Dollar has been trading in the channel, and yesterday, after another round of rumors about replacement reserve currency, this time from UN , had made a new yearly low. It has also reached some very oversold…
Dollar, Gold and Euro
Hey Traders, While gold and currencies remain great scalping instruments, there haven’t really been many developments longer term picture wise. Firstly, the dollar, the following three trendlines on hourly chart seem to be very much respected over the past several weeks: break above higlighted resistance level would like take DX to the top of the…
Weekly SP500 Update
Hey Traders, this market refuses to pullback for more than few hours with bullish sentiment and various market internals continue to set record highs, all that is rather irrelevand since only price pays and we (traders) have to make the most of intraday opportunities since only price pays. Firstly, lets take a look at weekly…
No Technical Damage Done
Hey Traders, no technical developments today, choppy boring day, support levels remain the same as yesterday, see previous post. As far as intraday levels and internals will be posting them in the chat as well as twitter @esecfutures Cheers Vlad
ES Support Levels
Hey Traders, this market clearly has no resistance for past several monhts, so won’t guess near the highs. Here are key support levels I see on the way down: Will post intraday technical and itnernals via twitter @esecfutures as well as key charts right here on the blog Vlad
ES futures expected support levels
Here are expected support levels dip buyers are likely looking at: 1016 – previous 2 wek highs and break out area, 3 day retracement1006 – 50% retracement from 3 week low, also trendline from old wedge Will update on key levels in the morning shall new technical developments take place Cheers Vlad
Two Major SP 500 Trendlines Tagged Today
Hey Traders, two majors trendlines were tagged on monhtly and daily charts today: Left is monthly, right is daily. Now here is a zoom out view of the two, firstly 40yr old channel from previous weekly updates: and sp500 daily: Will keep watching key levels closely to start building bearish case, first ES support level…