Siteways but still bullish...

Because of the year end there is little action in the markets. Wait and see next week.

The smaller frames are moving under the 5 ma daily...

The charts show some weakness. Is it a healthy
pullback or is it a reverse toward the rising 20 ma daily and lower?

The best performance in a decade for december....

The trend remains bullish, so buy the pullback and short the extention.

Higher and higher babe....

The "end of year rally" continues. The trend is up but the sky can't be the limit imo.

The bulls still get the benefit of the doubt but ....

....higher highs remains vulnerable. Long the

pullback and short a new higher high.

5 ma daily is weak....

Again pressure on the 5 ma daily. Also Asia was weak tonight. The bears could take control today.

5 ma ym still support = again divergence...

The same situation as yesterday. Long the strongest and short the weakest.

5 ma daily nq under pressure but divergence..

ym has still support on the 5 ma daily. Difficult situation. Trade what you see.

New highs but vulnerable....

Pressure on the 5 ma daily again. To hold or not?

Acrophobia yesterday after a new high...

Longs remain vulnerable. 2165 is supportzone in the daily frame.

To high and to vulnerable for save longs imo...

5 ma daily is still rising and the bulls are in favor but to risky for save longs imo. Waiting for a pullback here.

The same situation as on friday...

Looking for shorts. Target the rising 5 ma daily.

Strong, strong...

The trend is up but to high for me. Looking for shorts. Target the rising 5 ma daily.

Perhaps a new high in the daily frame.

The bears are in favor, but a lower high is possible. 2165 and 2170 are shortable imo.

Support on the 50 ma daily es yesterday...

Nice example of a working moving average yesterday. Is the market strong enough today or is the target for the bears the 50 ma daily today?

That's still 40 points to go.

50 ma daily ym in play today...

The 50 ma daily on ym was again support but we see now a declining 5 ma daily and we lost the 20 ma daily. Enough for the bears to take control??

Divergence between ym,es and nq...

20 ma daily in es and ym is still resistance.

Nq is the strongest. Looking for shorts because of weakness.

Always watch the 3 indexen ym,es and nq.

Sometimes a bounce in nq is the result of support in another index. Yesterday the 50 ma daily ym was hit and the bulls took control.

Therefore it's important to observe the 3 indexen.

Again a rollercoaster today?

Will the market stay above the 5 ma daily today and are the highs of yesterday target?? If not, then the lows of yesterday are key.

Bullish but....

The 5' timeframe is bullish in this chart, but the rising 5 ma daily is 26 points to go. Extention??

2160 area is resistance in the daily.

20 ma daily already hit...

20 ma daily was resistance. The market is now caught between the 5 ma daily and the 20 ma daily. Looking for shorts again if we touch again the 20 ma daily.

Bearish cross in the daily....

The market made a bounce because of the rising 50 ma daily. The market moves now between the 20 ma and the 50 ma daily. Technical is the

20 ma shortable now if we gets there. Waiting for signals in the smaller frames to take action.

The rising 50 ma daily could be support...

There is some extention in the daily frame and 50 ma daily could be to much for the bears. Looking for longs somewhere today.

Again bearish today or....

20 ma daily is key. To hold or not. On es the 20 ma daily is the strongest. 20 ma and 5 ma 60' are still bearish.

20 ma daily was support on es...

The 20 ma daily was and is still support. The same question as yesterday: is the rising 20 ma daily stronger then the declining 5 ma daily??

Nobody knows but there is still a lot of extention in the daily frame and some day the 20 ma daily wil capitulate.

Who is in favor....5 or 20 ?

The market moves today between the 5 ma and the 20 ma daily. Is it a healthy pullback or will the bears take control longer term? The rising 20 ma daily is support if we get there.

5 ma daily was weak...resistance today???

Es, ym and nq lost the 5 ma daily at the same time. Would it be a signal for the bears to take

control?

pressure on the 5 ma daily...to hold or not...

Will the bears take control today?? In the 60' frame we see lower highs.

It remains bullish but overbought...

Nothing changed. Bullish but overbought.

Always remeber: the trend is your friend!!

The market is.....so, thinking is wrong...

Already a few weeks I am writing that longs are vulnerable and dangerous but the market is still rising. As long as we see higher highs and lower lows in the daily frame, the market remains strong and longs get the benefit of the doubt.

So, trade what you see, not what you think...

Don't chase this bullish pattern...

The 5 ma daily was again worth buying.

Today again??

the 5 ma daily did it again...

The 5 ma daily was support again. Ym hit the 20 ma daily and that was also support. The trend is still up but vulnerable.

The smaller frames are still moving above the 5 ma daily...

Running in place the last couple of days.

Perhaps, perhaps it's the beginning of a reversal.

But, trade what you see. The 5 ma daily is support and the market is rising. So......

50 ma monthly es could be resistance now...

If the bigger timeframe wins, the bears are in favor the next couple of days. Trade what you see.

60' timeframe looks still bullish but..

The market is still moving in the candle of tuesday. Still bullish but vulnerable.

5 ma daily is resistance today....

The 200 ma 60' was to strong for the bears yesterday and the market made a bounce. But the 5 ma daily is resistance now.

The bulls get the benefit of the doubt but ....

The smaller frames still move above the 5 ma daily BUT don't chase the market. Wait for a pullback to go long.

The sky is the limit...

The market remains strong but is vulnerable in my opinion. Don't chase the rally but wait for a pullback.

5 ma daily alive and kicking...

Nothing changed. Same situation as yesterday.

Be carefull with longs.

5 ma daily is still support...

The bears were strong yesterday and I still prefer shorts because of extention in the daily frame. Of course there is still the rising 20 ma daily and that's bullish.

5 ma daily is again support today...

The sky is the limit but be carefull with longs, don't chase the market.

Who is gonna win???

There was downmomentum yesterday. 20 ma daily to hold or not??? ( of course the bears were favorite yesterday and not the bulls)

Same situation as yesterday.

5 ma daily and the 200 ma 60'....to hold or not.

The market remains to extended for save longs.

Will the bears take control today??

More then 10 % in one month is to heavy. So, looking for a pullback.

Resistance in the monthly frames on $indu and spy...

Looking for shorts in the smaller frames because some moving averages in the monthly are resistance.

Bear bull fight yesterday...to reverse or not...

The daily shows us a double top. The dow lost the 5 ma daily. Bears in favour today I think.

5 ma daily is again key today...

We see a red candle on the daily frame. Perhaps more downmomentum today. Looking again for shorts because of extention.

Higher and higher but vulnerable...

The bullish market reached some levels of april this year. This could be resistance and because of extention, longs short term are dangerous.

Acrophobia for the bulls??

The market remains strong ....but be carefull!!

to vulnerable for longs...

The bulls are strong but don't chase the market.

Waiting for a pullback to go long.