Saturday, June 12, 2010

NDX - Weekly Market Thought 14062010

Hold one more week ascendant trendline and that fact is bullish for now, but below 1900 i`ll follow bearish view, follow/check MACD indicator.
Can be a bullish HS, but this is not the moment to follow that scenario.
Ascendant trend line next week number 1800.14.
Natural target for this moviment ( need close below trend ) > Test range [1656,1680].
Breakout(close) below 1779 market win momentum downside. Close weekly below 1656 expect 1450
First resistance 1900 area ( Remeber week Breakout need to close weekly above )
Enjoy your weekend. Next thought soon. Click to zoom in. Good luck folks.


Share/Bookmark

AUDCAD - Remember Setup Medium/Long-Term

Trade long term Close this Week Profit 1200 pips.
I alert for this setup Medium/Long-term at 98.  He Alert here > click and check.
Short-term Trend bearish all time frames below 92.05
Bullish divergence last low expect continuatuon of this pullback if close daily chart above 0.8828 target 89.14 possible extension to 91 area.
Click to zoom in. Good Luck folks.


Share/Bookmark

Friday, June 11, 2010

VIX - Weekly Market Thought - Too Far Too Fast_Part 3

VIX Too Far Too Fast? >> Consolidation last 3 weeks, as we predicted  2010/05/22 vix too far too fast  and Alert the rally here.
Nothing to change after last update. Follow the same numbers
I expect for now the same pattern 2007 and 2008.
Consolidation between 42 and 28 next weeks, possible spike to test ema`s is possible around 25.90.
I don`t expect two consecutives closes below EMA 200 (25.88)
This update still valid if VIX stay below 52 at weekly chart.
If close > 52 expect 80 or mybe new high very fast...


Share/Bookmark

SPX - Daily Market Thought 14062010

Blue Trendline monday(14/06) sitting 1099.15

Waiting overbought conditions to see market reaction
Key area 1100,1106.
Key level 1115 reversal trend short-term
Key level dowside 1072
Suport: 1080 and 1072 ( short-term)
Click to zoom in. Good Luck folks. Have a nice weekend.

Share/Bookmark

DAX - Daily Market Thought 14062010

Click to zoom in. Good Luck folks.


Share/Bookmark