Saturday, May 8, 2010
The End of the Beginning. Bears are back!
Can follow here the crash of last week. Crazy 10 minutes. Enjoy your sunday folks.
Thursday, May 6, 2010
$IBEX - Daily Market Thought 06052010
Short-term below 9918 trend bearish all time frames.
Medium term trend bearish below 10550
Resistences: range [9870,9918] , 10167, 10363 and 10550
Suportes: 9516 , 9279 and 8900
Important last low around 9500 close below that expect more damage.
Above 9918 expect pullback to 10167 possible extension to 10363Below 10550 expect continuation downtrend next target 9279 and 8900.
Click to zoom in. Cheers!!
Wednesday, April 28, 2010
$CRUDE - Daily Market Thought 280042010
Crude double top at 87 actived target 80.40. Can we have here bearish formation "Bearish wedge" or ascending channel. Wedge target 69.50 if this is a ascending channel low of the band 73.
But for now we will focus this update short-term view. Key number short-term range 82.12 (EMA55) and 80. Above this area trend bullish for now. Breakout downside 80 we would see 76.50 Continuation will give 73.
Resistance short-term 84.14 and 85.22 resistance medium term 92.
Click to zoom in. Good luck folks.
But for now we will focus this update short-term view. Key number short-term range 82.12 (EMA55) and 80. Above this area trend bullish for now. Breakout downside 80 we would see 76.50 Continuation will give 73.
Resistance short-term 84.14 and 85.22 resistance medium term 92.
Click to zoom in. Good luck folks.
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