SPX Daily Market Thought 19052010

Last update reference short-term 1156 change that number to 1140.
First suport area nothing new range [1110,1102].
Bears need to break EMA200(1202) to test next level.
Remember Key number Weekly chart 1101 and Montly chart this month 1093.
Stay alert with this two numbers breakout both can have more damage = [1000,1015]
Below 1140 trend bearish target short-term [1093,1102]
Click to zoom in. Good luck folks.

SPX Daily Market Thought 19052010

DAX Daily Market Thought 19052010

I have to change picture for now last update " temporary top is formed below 6276" (add more info) if close below 6014;
If you are agressive trader and have longs positions put stop >>> if close hourly below today lows 6113.
I change picture short-term because hold important suport around 6000 and that is can be very important for short-term.
If close daily chart below friday lows(6014) expect more damage target short term 5900 possible extension to 5750. Click to zoom in. Good luck folks.
News of last hours:
BERLIN, May 18 (Reuters) - German Finance Minister Wolfgang Schaeuble plans to ban short-selling from midnight, coalition sources told Reuters on Tuesday.
(Reporting by Andreas Rinke; writing by Erik Kirschbaum) Keywords: GERMANY SCHAEUBLE/SHORTSELLING

DAX Daily Market Thought 19052010

The Beginning Of US Currency Crisis

Very good stuff.Have a nice week of trading folks. New update soon.

The Beginning Of US Currency Crisis

DAX - Daily Market Thought 15052010

This picture for now suggests that a temporary top is formed >> Below 6276.
Last friday test first suport area [6050,6070].
If close below friday lows(6056), expect more damage target short term 5900 possible extension to 5750.
Resistance: and 6420,6350,6265 / Suport:6050,5767,5300
Click to zoom in. Enjoy your weekend..

DAX - Daily Market Thought 15052010

Dow Jones - Daily Market Thought 15052010

Last Cross EMA Bullish.MACD Last singal - SELL ( 27/4/2010)
Bearish divergence last high need confirmation with close below 10942( this is part of last update)
Last week begin with a nice reaction after test EMA 200 but the last key number short-term(10942) "kill" market again.
Short-term below 10942 (Daily chart) expect new attack/test EMA200 and trend, both range [10100,10256].
10942 Key number to follow so if close daily above expect new highs > 11700.

Dow Jones - Daily Market Thought 15052010