Friday, February 24, 2012

Still bullish...

Nothing changed.  Waiting for a pullback was the right strategy. Same scenario today.

Thursday, February 23, 2012

Up, up, up...

Nothing changed.  The trend is bullish and we don't fight 'm.  But watch out, don't chase the trend. Discipline is key.  Trade safe.

Wednesday, February 22, 2012

The trend remains bullish....

A few days ago, we saw some pullbacks but the rising 20 ma daily was support and triggered a bounce.
The result is a higher high but longs are vulnerable again.

Monday, February 13, 2012

Looking for a new high today?

The bulls came in again after a pullback on Friday.  No signals to short longer term but don't chase the positive sentiment. Short extended and long the pullback.

Friday, February 10, 2012

Divergence between ym-es and nq...

Longs were again vulnerable yesterday and ym and es lost their 5 ma daily.  Nq didn't.
Looking for longs after a healthy pullback.

Thursday, February 9, 2012

Nothing changed....



5 ma daily was again key yesterday and the bulls bought the pullback. Today we see the same scenario. Stay allert, because the market climbed to fast in my opinion.

Wednesday, February 8, 2012

5 ma daily hit and again nothward....



The sentiment remains bullish and the pullbacks are small. The smaller frames move again above the rising 5 ma daily....The sun keeps on shining

till ........

Tuesday, February 7, 2012

Bullish but....



No great moves yesterday. We see inside candles. 5/20 daily is rising but don't chase the sentiment. Wait for a pullback.

Monday, February 6, 2012

Vulnerable again...



We saw a bullish market on Friday and the result are new highs. The smaller frames are moving extended high above the rising 5 ma daily.

Waiting for a pullback therefore.

Friday, February 3, 2012

5 ma daily is still support...





No major moves yesterday and the smaller frames are still moving above the 5 ma daily. Therefore, looking again for longs after a pullback.

Thursday, February 2, 2012

The trend is up but....



The rally continues and the bulls remain strong.

Longs are vulnerable, especially at the techs because they made a new high.

Wednesday, February 1, 2012

Still moving above the 20 ma's daily....





Look at the the tails in the daily candles yesterday. That means it's a bull/bear fight.The rising 20 ma's daily could trigger longs again.