Wednesday, June 16, 2010

AUDUSD Intraday Market Thought 17062010

Alert signal now = 0.8624
AUDUSD breakout 0.8582 ( Close below 60 minutes chart) will confirm double top formation and suggest that a temporary top is formed.
Close velow 0.8582 target 0.8470 possible extension to 0.8440 short-term view/targets.
Click to zoom in. Good luck folks.
Can see here Last updates AUDUSD
Can see here Last updates Forex


Share/Bookmark

DAX . Intraday Market Thought 17062010

Broke bearish wedge last session but for now market hold.
Close hourly cash below 6145 suggests that pull back over confirmation if close below 6089 ( chart 60 minutes) target 5800.
Let see next session. Can see last update dax-daily-market-thought-17062010
Good luck. Click to zoom in. Next update soon.


Share/Bookmark

SPX - Daily Market Thought 17062010

Expect last sessions Overbought conditions to see market reaction > True Now
Key level 1115 reversal trend short-term > Close today again
If this view is correct market will reversal next session> Close today negative/flat
Let see next session for now unable to break 1115.
Key level dowside 1089 Add one more number today 1106.
Close hourly below 1106 expect 1089.
Suport: range1077,1082, 1090 and 1106
Remember last thought hourly chart possible bearish divergence and wedge Intraday (60 minutes) market thought 16062010
Click to zoom in. Good luck folks.




Share/Bookmark

DAX - Daily Market Thought 17062010

For now trend bullish all time frame. Still valid bullish price channel.
For now bullish pattern ‘higher highs, higher lows.
Hold first suport 6093 and close near the highs.
Today highs 6307 but close 3 points below (6194) represent 125% false breakout extension
Above today highs next resistance 6232 ( 137 of extension).
Above 6093 expect test 6232.
Below 6093 expect 5980 possible extension to 5870.
Suport 5800, [5960,5980] and 6093 / Resistance: 6194, 6232 and 6310
Click to zoom in. Good luck folks.



Share/Bookmark

SPX - Intraday Market Thought 16062010

Click to zoom in. Good luck folks.

SPX cash chart 60 minutes

Share/Bookmark