Thursday, June 10, 2010

5 ma daily was key yesterday...


Because of the rising 20 ma monthly I prefer to go long in the daily when I see some negative
extention.

Tuesday, June 8, 2010

Monday, June 7, 2010

20 ma @es was signal for the bears...



Daily frame (20 ma ) was stronger than the 60' frame. So the market came down but the monthly frame is still bullish = 5 ma above the 20 ma.

Friday, June 4, 2010

Thursday, June 3, 2010

20 ma @ym could be resistance today.


Not easy today because of divergence. Nq is stronger than ym. Looking for shorts because of
the declining 20 ma ym ( right chart)