5/20 is negative now on nq, es and ym....

Technical it's short and if the bulls catch the 20 ma daily, the declining 50 ma daily is resistance.

Looking for shorts therefore.

5/20 remains negative on es and ym...

The situation is the same as yesterday. Nq tries to catch the 20 ma daily but on ym and es the smaller frames are still moving under the 20 ma daily.... Divergence is always difficult.

And we saw a pullback .....

Today we can long the rising 5 ma daily or short the declining 20 ma daily. Plan your trades and trade your plan. Longer term, I am looking for longs towards the 5 ma monthly.

The bounce was earlier than expected....

The signals of yesterday looks positive but the 5/20 daily on es and nq are negative. Looking for shorts therefore. Target the 5 ma daily.

50 ma monthly again in play today...

The sentiment is negative. The daily frame is negative. But, 50 ma monthly is still support....therefore looking for longs but waiting for signals in the smaller frames.

The sentiment is negative....but...

The bears are in control but I watch the 50 ma monthly ym. Could be support.

20 ma nq is almost ...

Heavy sell yesterday but support on the 20 ma nq.

Exactly the same situation as yesterday.....

We see the same resistance and support as yesterday. I prefer again longs on es and ym towards the declining 50 ma daily.

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

5 ma monthly on es and ym is still a long way to go. 5/20 daily is positive. Therefore looking for longs but I wait for a pullback towards the 20 ma daily on nq.

5 ma monthly was and is still resistance....

5/20 daily is positive but the 5 ma monthly was resistance. Looking for longs because of the rising ma's.

Small gains but 5 ma monthly is resistance....

The bulls are strong but be carefull with longs.

For me it's to extended. So, don't chase the market but wait for a pullback.

100 ma daily was to much for the bulls...

The market is moving between the rising 5 ma daily ( support ) and the 100 and 200 ma daily

(resistance). 2250-2260 and higher....looking for shorts.

20 ma daily was support....

The bulls were in favor yesterday and the smaller frames are still moving above the 20 ma daily. 50 and 200 ma 60' are support.

20 ma monthly is still support ....

First the bears took control yesterday but the 20 ma monthly is support. The bigger timeframe overruled yesterday.

5 ma daily is rising and support....

The rising ma's are support and longopportunities. The highs of yesterday and higher are vulnerable. 5/20 60' is negative...

Strong but watch out for overhead-resistance....

The market is moving like a rollercoaster.

The sky was the limit yesterday. Look at the daily chart.....The market is moving between the declining 5 ma monthly and the rising 5 ma daily.

If the bigger time frame overrrule....than the bears will take control again....

The extention in the daily is gone....

Longs were the right choise yesterday. The smaller frame is again moving above the 20 ma daily. 5/20 60' is still positive. 100 and 200 ma 60' is resistance.

20 ma monthly reached again...shorts are vulnerable...

Looking for longs because of extention. Waiting for a positive cross 5/20 60' is an option.

20 ma daily hit....

50/20 60' is still negative but the 20 ma daily is reached. Shorts are vulnerable .....

50 ma daily was resistance...

The 5 ma daily is resistance again but the rising 200 ma 60' is support.

5/20 daily is positive.

Nothing changed...

The 5 ma daily remains support and new highs are vulnerable.