Watch again for the declining 20 ma daily...

The market moves above the 5 ma daily but the declining 20 ma daily is bearish. Who is gonna win??

Watch for the declining 20 ma daily ....

The market was strong but there are negative

signals now.

Support in the monthly but resistance in the daily.

Target is the high of yesterday if the 5 ma daily is strong enough.

The 50 ma monthly was support...

The bigger timeframe was stronger than the smaller yesterday. 50 ma monthly was support.

The market lost the 200 ma daily but ....

Bearish in the daily but positive signals in the monthly. Watch the 50 ma and the 20 ma monthly.

Wowsa, down, down because of global jitters...

Bearish in the daily frame but it's always the darkest right before down...looking for longs tomorrow.

Same situation as yesterday.

The declining 5 madaily is still resistance.

The 200 ma daily is 55 points to go.

Again pressure on the 5 ma monthly

The market flirts with the 5 ma monthly again.

Lower areas are possible but be carefull because of extention.

Nice bounce on the 5 ma monthly.

The question is: will the bigger timeframe overrule the smaller one?

100 ma daily = 5 ma monthly

5 ma monthly is reached. Extention now but if it remains bearish then the 200 ma daily is next target.

20 ma daily was key yesterday...

The target is the 100 ma daily if the market loses the 5 ma daily.

Bulls were in favor...

It was a strong rally yesterday. The declining 20 ma daily is hard to get I think. Looking for shorts

again.

5 ma daily is again key...

The same situaton as yesterday. 1940 is a level to watch.

Bulls were strong but the daily frame looks bearish.

The sentiment of one day can't change the bigger picture. Again a test of the 5 ma monthly is possible if the market loses again the 5 ma daily.

3 % up in the pre-market because of a rescue plan...

Extention and good news were the perfect cocktail for a hugh rally in the pre-market.

What after the dive??

Waiting for the cross 5 ma 60' and 20 ma 60' is an option to go long. The 5 ma daily is about 60 points to go = extention.

It's very important to see the 3 indexes ym, nq and es..

As you can see on the daily frames the market was bearish yesterday untill ym touched the 50 ma daily.

The result was a tail on the daily frames.

The market moves now between the 5 ma daily and the 5 ma monthly. Trade what you see.

50 ma daily was target...

Looking for longs if I see a bullish cross tomorrow between the 5 ma 60' and the 20 ma 60' and looking for longs if the market hits again the 50 ma daily.

Stronger than expected....

We saw pressure on the daily frame but intraday we have to trade the trend on the smaller frames and the trend was bullish.

Trade what you see sounds easy but it isn't.

The market is losing the 20 ma daily...

50 ma daily can be target now.