$ES_F trendline on TICK chart form Friday respected again, below looking at 990 level for clues
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