$ES_F trendline on TICK chart form Friday respected again, below looking at 990 level for clues
Author: Vlad
Monthly Market Analysis
Hey Traders, one of most historic months in market history is behind us, while I mostly trade off of 377tick & hourly charts, it is important to know where things stand in the bigger picture, so lets throw all the bias out the windows, rewind things 40 years back and take a look at monthly…
Enjoy Your Weekend
Hey Traders, another huge FX day, with “King” Dollar setting some major lows, here is % of average range summary:GCQ09 194.4SFU09 186.0DXU09 167.6ECU09 157.4BPU09 152.3JYU09 127.3ADU09 105.8YMU09 89.0TFU09 81.1ESU09 72.6CDU09 71.2NQU09 67.5Another crazy week, with most important thing to take away from a week like this is that market momentum (or whatever else gets credited/blamed)…
Fireworks into last hour of the month!
$ES_F / $SPX fireworks coming to a screen near you, perfect timing for end of month. $$
Twitter / Vlad: Yen Testing Top of the Channel
Yen College Fund Trendline
Twitter / Vlad: Keep an eye on this $ES_F trendline
Keep an eye on this $ES_F trendline on tick chart, it could have paid for your kid college fund
Quick Market Update
Hey Traders, Today’s dailys ended in a big shooting star after a gap up, with pro-gap (unfilled gap down) being a serious hint at near term move exhaustion. Near term will be watching theses support level with 3 week trendline being back in play again: On the upside minor resistnace expected at 50% retracement from…
Shooting Star, Eh?
Even broken clock is right twice a day: Exhibit 1: 12:55pm EST / ES 990, 4 pts off highs Exhibit 2: 4:15pm EST , ES close 982 – shooting star style Now only missing: Exhibit 3: Gap down in the morning Exhibit 4: Unfilled gap and a little pause in the markets. Lucky guess so…
Trin 1.5 and SP +1.5%
This is kinda crazy…assuming my data feed is correct, today is only 6th time since ‘40 that $TRIN is >1.5 and $SPX is >+1.5%. Re: the TRIN stats, the others all led to (very) short-term peak. The dates were 8/31/66, 8/16/71, 3/4/09, 5/26/09 and 6/1/09.
Gold Futs: Switching GCQ to GCZ
Gold Traders, as of today there is more volume in the GCZ contract. Cheers