20051031 Moving average level 648 provides some resistance. The market is now beyond the 'window ressing' after the tax loss selling activities in October, will have to wait and see what happens going forward. 

E-mini Russell 2000 chart

20051028 An ID pattern pointing to a breakout trade either side. 

E-mini Russell 2000 chart

20051027 ZLR on CCI shows a sell signal, market moving to downside, resuming downtrend. 

E-mini Russell 2000 chart

20051027 Downtrend resumes, with the ZLR pattern, CCI pointing down showing good momentum. 

E-mini Russell 2000 chart

20051026 Another day of consolidation, pattern looks like a bullish continuation, now resting n moving average support for the next leg up, however, the lows must hold. 

E-mini Russell 2000 chart

20051025 A pause in the wild swings lately. CCI momentum needs to be watched to see if the downside resumes. 

E-mini Russell 2000 chart

20051024 The Bernanke nminatin for appointment to Chaiman of FOMC effect caused strong rall. Technical picture was a breakout to the upside on an ID pattern last Friday. Look for more gains on the open Tuesday. 

E-mini Russell 2000 chart

20051021 If this was an intraday chart the market would be like a man walking on a cliff, falls off, now hanging on by the fingernails. 656, the moving average level would be a very good level to short on strength next week. 

E-mini Russell 2000 chart

20051020 Sellers overwhelm buyers in this candle, erasing the gains the previous day. CCI momentum down is in force and is the domiminant. 

E-mini Russell 2000 chart

20051019 Big candletick indictes bears lost control to the bulls, which should continue into Thursday morning trading. Support seems to be put in at 620. 

E-mini Russell 2000 chart

20051018 As aluded to earlier, CCI downside momentum ownside took over today with the downtrend continuing. Moving average proved to be god resistance to short against. 

E-mini Russell 2000 chart

20051017 Expected rebound continues into the close. CCI however stil indicates downtrend and needs to break resistance. 

E-mini Russell 2000 chart

20051014 Strong buying seen in today's candlestick. Rally should continue into Monday morning opening trade. Resistance provided by the moving average. 

E-mini Russell 2000 chart

20051013 Candlestick shows bears unable to hold prices down after driving it down. Could be support is put in for a retracement up. 

E-mini Russell 2000 chart

20051011 Strong downside momentum accelerating. 

E-mini Russell 2000 chart

20051010 The expected continuation of the downtrend today. CCI momentum is strong to the downside. 

E-mini Russell 2000 chart

20051007 Ater 3 days down candles, an inside day pattern ID appears where the close is higher than the open price. 

E-mini Russell 2000 chart

20051005 Broke through the moving averages decively, with a big black candlestick showing further selling. 

E-mini Russell 2000 chart

20051004 Big black candlestick indicates selling pressure. Should test lower, at least at the open of US trading today. Moving averages supporting at these levels. 

E-mini Russell 2000 chart

20051003 3rd day of rise. Might wait for a day or 2 of consolidation, before looking for chance to long to take advantage of good CCI upward momentum. 

E-mini Russell 2000 chart