Friday, November 12, 2010

Wednesday, November 10, 2010

E-Mini S&P



 The overnight futures have traded in a very tight range and direction is up in the air at this stage.




 I have 1210.25 as a pinpoint, and the futures have been battling in and around this number throughout the night. A decisive breach should send the ES down to 1204. There is also another lower target, but this will suffice for the time being.

Monday, November 8, 2010

E-Mini S&P


 I chose this area for the fib retrace (in the event we may actually get a retrace) because the leg up was uninterrupted, except for one minor pullback. It would be wise to err on the side of caution until this situation is clarified.

Sunday, November 7, 2010

SPX

TSX


 The TSX ran into the Andrew's Pitchfork median line on Friday. Will we see a reversal here? It's too early to tell, and the trend appears healthy, though a pullback is long overdue.

Wednesday, November 3, 2010

Strange Bedfellows




Sunday, October 31, 2010

E-Mini S&P (NEXT!)


 With 1186 out of the way, is it too much to suggest 1190?