20 ma daily triggered longs....

We saw a pullback yesterday and the bulls
took control. Positive sentiment but
watch out for extention and another
pullback perhaps.

Negative sentiment today but....

The rising 20 ma daily could trigger longs.

Wainting for signals in the smaller frames.

5 ma daily under pressure...

We could see more downmomentum because in Europe, the DAX touched the 20 ma monthly.

Bounce on the 200 ma 60' yesterday...

After a pullback, the bulls came in again and the smaller frames are moving above the 5 ma daily.The trend remains bullish.

Strong in the postmarket but vulnerable again....

5/20 daily remains in a uptrend. Nq made a new high tonight and that's bullish. I don't risk longs at these levels.

5 ma daily in play....

Since the beginning of this year the market is moving outside frames and the trend is up.New highs are vulnerable but I try to buy the pullbacks. Yesterday, we saw the same scenario.

5 ma daily is still support...

The trend is still up in the daily frames but longs

remain vulnerable at these levels. I prefer again a pullback before taking longs.

Bullish but extended...

The techs are strong but it goes to fast in my opinion. Looking for shorts or waiting for a pullback to go long.
Discipline is always key.

5 ma daily es and ym in play....

New highs yesterday on es and ym, but vulnerabe ....watch the tails. 5/20 daily is still in a positive uptrend.

Bullish.... but don't chase....

5/20 daily is positive and the trend is up.

But be carefull, don't long at the top....

5/20 daily is positive...

The trend is the daily is bullish but longs were vulnerable. Between 5 ma and 20 ma daily nq I still see an extention of 65 points. A correction towards the 2340 is possible.

Bullish but vulnerable...

Yesterday we saw a new high in the daily and that's bullish. Longs are vulnerable, so, don't chase the market. Discipline is key!

5 ma daily is still rising and support....

We see inside candles and nothing changed.

Looking again for longs after a pullback because 5/20 is positive.

Bullish but vulnerable...

The 5 ma's daily are still support.

Looking for longs if we get there.

I wait for a pullback again....

And yes, we could buy the pullback yesterday.

It was the rising 5 ma daily nq that triggered

longs. Today we see the same situation.

The market is bullish but at these levels, I wait for a pullback to go long.

5/20 daily is still positive...

ym and es lost the 5 ma daily at this moment but

we see a rising 20 ma daily. 12200 ym and 1260 es are interesting levels.

Still moving above the 5 ma daily...

The 5 ma's ym and es were support yesterday.
We see the same situation today. The 5 ma's daily are rising and the smaller frames move above.

The extention is reduced....

The rising 5 ma's daily are almost hit and the

breakoutzones could be support today.

Strong start in 2012 but...

The sentiment is bullish but don't chase the markets. Waiting for a pullback is safer.