A falling knife on friday...

In the daily frame we see a lower high now.

More downmomentum is possible now...

Of course there are a lot of rising moving averages and perhaps this is nothing more than a healthy pullback. Trade what you see.

20 ma 60' was support yesterday...

It remains bullish. We buy the pullback but sell extention.

A new move to the highs on nq??

The smaller frames moving again above the 5 ma daily. Looking for longs after a pullback.

Looking shorts on ym because ym is still to extended.

The 5 ma daily nq is declining...bearish??

Ym remains very strong. On nq we see mixed signals. Again, buy strenght and sell weakness and watch out for extention.

Divergence between ym,es and nq...

Mixed signals. We see a strong ym and a weak nq.

Looking for shorts on nq and longs on ym.

20 ma daily was support on nq ....

Again a test for the 20 ma daily nq today I think.

If the bears take control, than ym is key today, because the 20 daily is still 115 points to go there.

20 ma daily could be support .....

Looking for longs because of the 20 ma daily nq.

The 5 ma daily ym is still support.

The bulls were in favor ones more...

Nothing changed. The trend is up. Buy the pullback and short the extention.

A red day yesterday...

The trend today depends on ym and es. The 5 ma daily is still support there today. To hold or not.

Despite the red candle yesterday, the trend in the daily frame is up.

An insidecandle in the daily frame...perhaps..

The smaller frames move above the 5 ma daily.

So, we buy again the pullbacks.

The sky, the sky, the sky... is....but ...!!!!

The trend is still up, so we buy the pullbacks and after a new high we try to short extended.

Watch out for longs at a high level, because a "falling knife" is possible in these "situation" = to high and vulnerable.

Nothing changed in the daily frame...

Sell the new highs and buy the pullback...that's again the strategy.

The trend is still up...buy the pullback...

The trend is your friend!!!

The trend is still rising, so, longs after a pullback are technical correct.

The sky was again the limit...

One of those days. The bulls took control and nothing could stop them. The result is a new high in the daily chart. Looking for longs after a pullback or shorts if the 5 ma 60' crosses the 20 ma 60'.

Mmm, 5 ma daily strong enough today??

The bears were in favor yesterday.

Looking for longs because the daily frame is still bullish.

Bullish start 2011...

The trend is up and bullish. Looking for longs after a pullback. The smaller frames move above the 5 ma daily.