5 ma daily is rising....

We see the same situation as yesterday. Therefore, we wait for a pullback to go long or we wait for a positive cross 5/20 60'. The high of yesterday is vulnerable.

The bulls did it again...

2 weeks ago the support on the 5 ma monthly did his job. The bulls are in favor. Watch out for extention. Wait for a pullback to go long.

5 ma and 20 ma daily nq in play today....to hold or not...

5 ma and 20 ma daily are still support. Looking for longs if we get there.

A bullish cross in the daily....5/20...

The smaller frames are moving again above the 5,20 ande 50 ma daily and that's bullish.

Looking for longs therefore.

Waiting for a cross 5/20 60' to go short today...

The trend is your friend. The bulls are still in favor. I wait for a crossover in the 60' to go short.

Difficult setup because of divergence...

Ym is the strongest and nq and es are the weakest. I prefer again shorts between the 5 ma and the 20 ma daily on nq.

Will the 5 ma daily be strong enough today??

On es and ym the 20 ma daily was already resistance. Looking for shorts if we get's higher today.

20 ma daily is resistance and the rising 5 ma is support...

Bulls can take longs because the 5 ma daily is support. Bears can take shorts because the 20 ma daily is resistance.

I prefer shorts because the daily is bearish...

A bullish pattern (60') in a bearish pattern(daily).

Looking for shorts therefore.

Looking for shorts....in the daily frame....

The smaller frames are moving between the declining 5 ma daily and the declining 20 ma daily. Technical it's short in the daily frame.
Waiting for signals in the smaller ones.

Es and ym still have support on the 5 ma monthly...

Nq is the weakest, so looking for longs on es and ym. Wait for signals in the smaller frames to go long.

5 ma monthly triggered a bounce...

5 ma monthly is still support, especilally on ym and es. Looking for longs again...

Japan -10 %....5 ma monthly is reached...

If we look at the big picture, it's long...but the sentiment because of the problems in Japan is very negative. Trade what you see.

The monthly get's the benefit of the doubt...but Japan???

It's a fight now between the declining 5 ma daily and the rising 5 ma monthly.

5 ma monthly could be target....

It's a fight between the declining 5 ma daily and the rising 5 ma monthly. I give the monthly the benefit of the doubt. Looking for longs .....

Pressure in the daily, but support in the monthly....

We lost the 50 ma daily and target could be the 100 ma or the 5 ma monthly. Looking for longs but waiting for signals in the smaller frames.

5 ma daily was and is support...

The lows of friday are important. The cross 5/20 daily is still there....the bears could take control again and a new pullback is possible.

50 ma daily for the second time...

The trend was up yesterday. Looking for a higher high or a lower high in the daily. The cross 5/20 60' is important to watch. Trade what you see.

A drop of 70 points...

Again a test of the 50 ma daily. We see also a rising 5 ma monthly. The negative sentiment is temporaly if the bigger frame is strong enough.

mixed signals yesterday...

A lower high in the daily frame is possible, but the we need a new red candle. We trade what we see.