30/03/2012 20 ma daily was support...

The pullback towards the rising 20 ma daily triggered again longs.  Looking for new highs next week??

28/03/2012 20 ma daily could be target now...

After a new high the bears took control.  Is it again a healthy pullback or are we gonna see more downmomentum? 

26/03/2012 It remains extended....

The smaller frames are still moving above the rising 20 ma daily.  So, we give the bulls the benefit of the doubt but be carefull because of extention...

22/03/2012 20 ma daily ym could be target...

Some profit taking after a hugh rally in the last months is logical. Will it be again a healthy pullback or ...??????

19/03/2012 5 ma daily in play...to hold or not...

A pullback towards the breakoutlevels in the daily is possible...ym 13000  es 1370  nq 2650

15/03/2012 Don't chase this rally...

Intraday everything is possible but longer term investors better wait for lower levels.

14/03/2012 Longs are vulnerable...

The sentiment is very bullish but it's overbought.  Looking for shorts but waiting for signals in the smaller frames.

12/03/2012 Moving above 5 and 20 ma daily...

The smaller frames are moving again above the 5 and 20 ma daily. Looking for a higher high or...?

09/03/2012 A new high or a lower high...

The smaller timeframes are moving again above the 5 and 20 ma daily.  New highs are possible but vulnerable.

08/03/2012 Mixed signals....

Mixed signals because ym and es lost the 20 ma daily but nq didn't. Divergence is always difficult.

07/03/2012 A healthy pullback or.....

The 5 ma's daily are resistance and ym and es lost also the 20 ma daily.

20 ma daily in play again...tot hold or....

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

Technical, the 20 ma daily is support but trends are there to be broken and I still see some extention in the bigger picture...so,  be carefull....

The rising 20 ma daily is still support.

5ma/20ma daily is still positive and the rising 20 ma daily could trigger longs if we see more downmomentum. Defensive traders wait for signals in the smaller frames.

20 ma daily could be target today....

Some downmomentum in the premarket today. Support at the 20 ma daily or not??