Saturday, February 13, 2010

SPX500 - Weekly Market Report

Weekly Market Report for (February 14th, 2010 - February 20th, 2010)
SPX reversal again this weeks after fourth consecutive week.
Last week we also mentioned 1055 daily suport area or 1040 monthly after made target short term. We shall see if the market can bounce from here first resistance 1078,26.
If this is only pullback just like we had between 2004 and 2007 market need:
1- Hold this correction above 1025( number for the next week= Bears need to close weekly below that).
2- Hold MACD between neutral zone (0) and red line coming weeks.
Where are we now. Price... Click to zoom in. Good luck Cheers!!
Last Update Daily >>> remains valid here
Last update Monthly. Why 1040 key number? here
Last update Monthly ** Long-term last 15 years **
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SPX - Long Term View. Pattern...

Click to zoom in. Good luck.Enjoy your weekend.Have a nice weekend friend "Cobra" very good work last weeks.

And for all the East Asian readers, Happy Tiger Year!

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Friday, February 12, 2010

EURUSD Short-term. Below 1.3860 Trend Bearish

I`ll add more chart EURUSD. Today first chart 60 minutes. Trend bearish below 1.3860 but last low made bullish divergence. Need to close above 1.3694 to confirm divergence and open door to attack resistance short-term 1.3860. Click to zoom in.Good luck.


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SPX - Bears need breakout 1055

Bears need to close daily cash below 1055. Bulls intraday need to break 1072 (cash) again. I trade what i see. Bearish flag but I have to respect suport area. Close again all short position around 1063. Need more data now. Market have final word... Chart ES_F 60 minutes. Good Luck!


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SPX -TIME BOMB - Bearish Flag

CLick to zoom in. Good Luck!!


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