Sunday, February 28, 2010

Fight between 5 ma and 50 ma daily....

5 ma daily is key on monday. To hold or not to hold. If the bears win, we see a rising 20 ma daily and that's bullish. So, always look at the bigger picture.

Friday, February 26, 2010

20 ma daily did it.....


The 20 ma daily did a perfect job on every index yesterday. Highs are possible today.

Thursday, February 25, 2010

Inside candle yesterday...


Same situation as yesterday. 5 ma and 50 ma daily are still resistance and the 20 daily is support if the market get's there.

Wednesday, February 24, 2010

The 20 ma daily was and is still support...


The market is caught between the 5 ma and the 20 ma daily. Longs and shorts are possible.
Plan your trade and trade your plan. Signals enough in the smaller frames.

Tuesday, February 23, 2010

5 ma daily was and is key again...


5 ma daily was again support. Perhaps 1850 today = resistance area. Trade what you see!!!

Friday, February 19, 2010

The 50 ma daily was resistance indeed...


So the 5 ma 20 ma 60' was in a uptrend yesterday but the daily frame (bigger frame) was resistance ( 50 ma ) and the market made a reversal.
The 5 ma daily is key today. To hold or not to hold???

Wednesday, February 17, 2010

The bulls were in favor but 50 ma daily is resistance.


The market was strong yesterday but the 50 ma daily is resistance technical. Trade what you see!!!

Tuesday, February 16, 2010

Resistance on @es....


The smaller frames move above the 5 ma daily
but overheadresistance on es.

Saturday, February 13, 2010

20 ma daily important when the market gets there.



The 5 ma daily was support on friday and the bulls were in favor.

We see a declining 20 ma daily. Technical is this situation a bearish signal. Wait for signals in the smaller frames to go short if you are a defencive trader.

Wednesday, February 10, 2010

The relation between es, ym en nq is important.


Always look for convergence or divergence between es, nq and ym. When there is divergence , always be carefull to take action.

Sunday, February 7, 2010

If the monthly wins, the market goes up again.


5 ma and 20 ma daily are bearish but 5 ma and 20 ma monthly are bullish. Trade what you see in your choosen timeframe. It's all about training every day.

Friday, February 5, 2010

Wednesday, February 3, 2010

Bulls were strong but....


The bulls were in favor on monday and tuesday but we saw a rising 3' and 5' timeframe in a bearish scenario in the daily frame because the 5 ma daily is below the 20 ma daily. The 5 ma monthly is still in play.