Divergence remains...

Yesterday was a green day, but in the smaller frames, shorts were possible because of the 50 ma daily nq. The situation for today is more or less the same.

20 ma and 50 ma daily nq in play today...

In ym and es the smaller frames are moving

between the 5 and rising 20 ma daily.

5 and 20 ma daily are resistance in nq.

The 200 ma es is still resistance...

5 ma daily is rising and support, the 200 ma is still resistance. 5/20 60' is positive.

Positive sentiment but don't chase....

5/20 60' is often key intraday and also yesterday was a good example. I predicted some shortlevels but the positive sentiment was to big.

To me it's to extended for longs and the 200 ma daily could be resistance.

A lot of extention between ym, es and nq....

20 ma daily es and nq are resistance if we gets higher but 5 ma monthly ym and 20 ma es monthly are support if we gets lower.

Plan your trade and trade your plan!!!

5 ma monthly in play....

The smaller frames are moving between the declining 5 ma daily and the declining 5 ma monthly.

5 and 20 ma daily in play...

The extention I saw yesterday is gone.

5 ma daily is reached again and the 20 ma daily is still support.

5 and 20 ma monthly in play and support....

The monthly is in play and we see a bounce from

1200 till 1214. 5/20 60' could turn positive now

but 20 ma daily is resistance ....

Looking for longs in the green area.

50 ma and 20 ma daily in play...

The smaller frames are moving between the declining 5 ma daily and the rising 50 and flat 20 ma daily. To hold or not????

5/20 daily is still positive....

The smaller frames are moving between the 5 and 20 ma daily. Therefore looking for longs in

the green rectangles.

The 20 ma daily nq generated longs on Friday.  5/20 daily is positive.

20 ma daily in play....

The smaller frames are moving today between the declining 5 ma daily and the flat 20 ma daily.
Technical looking for longs.  Waiting for signals in the smaller frames because of divergence between nq, es and ym.

5 ma daily is again support after the rollercoaster...

A lot of action yesterday but at the end the smaller frames arrived at the same levels as at the beginning of the session.  Watch te elllipses for longs or shorts.

Bullish sentiment....but vulnerable....

The sentiment is bullish but longs are risky. Look at the daily tail on Friday, Monday and yesterday. 5/20 60' is still bullish, therefore longs get the benefit of the doubt in the smaller frames.

5 ma daily in play...support or not....

Longs were vulnerable yesterday but the 5 ma daily is still rising and reached today the smaller timeframes. We see already a first bounce but 5/20 60' is resistance. Who wins????

200 ma daily es still in play....

5/20 daily made a positive cross and that's bullish to me. But 200 ma daily es is in play and I wait for another pullback because of extention.

200 ma daily es again in play today....

The sentiment remains bullish but longs could be vulnerable because of the 200 ma es and some extention.

Completely surprised yesterday....

It was again a nice example of 'the market is' and as a trader we need to know that there are no securities but only probabilitys when we plan a trade.

Smaller frames caught between...

The smaller frames are caught between the rising 5 ma and the declining 20 ma daily.

So, 5/20 daily is still negative but 5/20 monthly is still positive.

Bullish but vulnerable... 5 ma monthly in play....

After the bullish rally of yesterday, I think the market needs a break. The 5 ma monthly could be resistance and the 5 ma daily is 220 points behind. Longs could be vulnerable and chasing the market is wrong.

The bigger timeframe was support.....

The bulls came in and we see a 2% bounce.

5/20 monthly is positive, 5/20 daily is negative and 5/20 60' is positive. If the smaller frames remain strong, I see some moving averages as resistance.

To extended to me....looking for longs

20 ma monthly in play. Looking for longs.
Waiting for signals in the smaller frames.
First target the declining 50 ma in the 60' frame.

Negative sentiment but shorts are vulnerable....

To extended for me. Looking for longs but waiting for signals in the smaller frames.

5/20 monthly ym and nq is still positive.

A red day yesterday but extended to me...

A lot of divergence between ym, es and nq.

Looking for longs ym because 50 ma daily is still support. Waiting for signals in the smaller frames because of the huge negative sentiment.

The smaller frames are still caught between....

Interesting situation today. We see a bounce on the 5 ma monthly but the declining 5 ma daily is resistance. If the bigger frame overrule the smaller ....than it's up....wait and see...

Negative sentiment but shorts are vulnerable ....extended

The sentiment was negative yesterday but the supportlevels worked. 5 ma monthly is in play and to me shorts are vulnerable therefore.

5/20 daily negative but still 5 ma monthly is support...

We saw a hugh sell the last 2 hours yesterday.

But watch the daily frames, I see still al lot of support. Watch the 60' frame for support and resistancelevels.

20 ma daily ym could be support today....

The divergence makes it difficult to decide.

Therefore, today I watch especially the 20 ma ym. Looking for longs because support is possible. The smaller frames are moving between the 5 ma daily and the 5 ma monthly.

Negative daily cross on NQ but not on YM...divergence..

Ym, es and nq daily don't show the same patterns and that's always difficult.
Therefore, intraday I watch them all.
For today, ym still has support because the smaller frames are moving above the 5 and 20 ma daily and there is no negative cross. So, technical looking for longs.
Nq made a negative cross and es bounced yesterday on the 20 ma daily.

5 ma daily in play today....5/20 daily nq is flat...

2 days ago the market bounced on the 5 ma monthly towards the 5 ma daily and that's bullish.

The smaller frames are moving above the 5 ma daily, so technical it's long. But if we watch at ym daily, to me longs are vulnerable there. Trade what you see.

20 ma daily was and is still resistance...

Today I show the 60' frame. Yesterday we saw a beautiful example of resistance and support.

Watch the 20 ma daily as resistance and afterwards the 200 ma daily as support.

The market is moving at the same level as yesterdaymorning.

A red day yesterday ...negative sentiment in Europe..

5/20 60' started to cross negative in de pre-market yesterday and is still negative. The 20 ma's daily showed us a little support.

The smaller frames are now moving between the declining 5 ma daily and the flat 5 ma monthly.

Looking for longs today because of extention.

NQ almost reached the highs of Oktober....

The smaller frames are moving above the rising 5 ma daily. 200 ma es is crossed and is support now. The bulls are in favor but watch out for extention. Waiting for a pullback is safer.

A lot of divergence again between es, ym and nq....

Yesterday the 3 indexes had a different setup.

Nq lost for a few hours the 20 ma daily but ym had support because of the 200 ma daily and es because of the rising 20 ma daily. At the end the market came down because the 200 ma daily es was resistance.

That means, intraday we have to be open minded and to be prepared for different situations everyday.

Again, training is the key to succes.

5/20 daily NQ seems vulnerable...

The markets are still moving above the 5 ma daily. And 5/20 daily YM crossed the 5 ma monthly in a positive way. So, longs get the benefit of the doubt.

The bulls came in because of the 20 ma daily...

The smaller frames lost of the bigger because the rising 20 ma daily was support. The markets are moving above their 5 ma daily but es has resistance because of the 200 ma daily.

20 ma ym and es to hold or not....

Nq lost the 20 ma daily but there are still a few other supportareas. Ym and es still have support on the 20 ma daily. Looking for longs on nq today if we gets lower.

The pullbacks were stronger than expected...20 ma daily in play...

The bears were strong the past 2 days. The 20 ma's daily are in play now. The extention with the 5 ma monthly is gone because of the pullbacks. To me the bigger frames are neutral.

I give longs the benefit of the doubt because of the positive 5/20 daily. Longer term, 5 ma monthly is key.

Positive sentiment but vulnerable....

The bulls were strong yesterday, of course because of the (positive) sentiment in Europe.

Don't fight the trend, but to me, longs are vulnerable because of extention. I wait for a pullback.

Goodnews rally in Europe....but....

Good news could be fundamental news and a trigger to buy...but...traders are open minded and watch carefully at their charts, no matter what.

Today we see the 200 ma es as a possible resistance-area... that means, longs are vulnerable now. Don't chase the rally.

5/20 daily is still positive...

After the pullback yesterday, the extention is gone. Looking for longs and perhaps adds above the rising 20 ma daily.

ES is still key...

The market seems strong but the overheadresistance was there yesterday. Watch the 20 ma dailys. To extended for me....So I wait for a stronger pullback to go long. Intraday 5/20 60' is key.

ES is key today...

The market is strong but 1245 on es and the 200 ma's on ym and es are resistance-levels.

5/20 daily is still positive, but I wait for a pullback.

5/20 daily remains positive...

The techs lost the 5 ma daily, ym didn't.

But ym still has resistance because of the declining 5 ma monthly. Therefore again short if we gets higher.

Again no changes...

The bulls have been fighting against the declining 5 ma monthly on ym and at the end the bears took control. We lost the 5 ma daily but al lot of moving averages on nq and especially the rising 20 ma are support. If we believe in the daily frame it's long....defensive traders wait for signals in the smaller frames.

No changes...

Longs were ok yesterday but the 5 ma monthly is still resistance on ym. To hold or not....

5/20 daily remains positive...

5/20 daily is positive..

5 ma monthly ym was to much for the bulls and the result was a trendday down. But 5 ma/20 ma daily is positive. Technical it's long. Waiting for signals in the smaller frames. Watch the horizontal supportlines and the rising moving averages.

100 ma daily ym is reached...

2 weeks ago the market touched the 50 ma monthly and technical the 5 ma monthly was target. Target is reached after a strong rally.

Time to pullback a little. Therefore looking again for shorts but waiting for signals in the smaller frames.

5 ma monthly ym is still resistance...

The bulls are still in favor but longs are vulnerable because of the declining 5 ma monthly in ym and extention in the daily frame.