Friday, December 30, 2005

20051230 Negative CCI momentum, but the candlestick shows buyers preventing bears from taking control. Posted by Picasa

E-mini Russell 2000 chart

Thursday, December 29, 2005

20051229 Russell 2000 futures. Posted by Picasa

E-mini Russell 2000 chart

Wednesday, December 28, 2005

20051228 Finding some support off the mov avg. However the CCI pattern along the zero line indicates sideways action in a big range. Posted by Picasa

E-mini Russell 2000 chart

Thursday, December 22, 2005

20051222 A rally sparked by the agreement by transport workers to go back to work in NY. CCI shows classic ZLR buy signal, with break through of upside moving average resistance. Posted by Picasa

E-mini Russell 2000 chart

Wednesday, December 21, 2005

20051221 Russell bounced off nicely from the moving average support, now hitting against upper mov avg. With the holiday trading mood, could be stuck in this range. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, December 20, 2005

20051220 Market holding moving average support, doji indicates indecisiveness, possibly building up energy for the next move. Posted by Picasa

E-mini Russell 2000 chart

Monday, December 19, 2005

20051219 Retraces and now resting on moving average support. Posted by Picasa

E-mini Russell 2000 chart

Sunday, December 18, 2005

20051216 Emini Russell 2000 futures Posted by Picasa

E-mini Russell 2000 chart

Thursday, December 15, 2005

20051215 Posted by Picasa

E-mini Russell 2000 chart

Wednesday, December 14, 2005

20051214 Russell 2000 futures pauses today in the uptrend. Dow & S&P 500 end up though. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, December 13, 2005

20051213 FOMC meeting raises 25 bp for interest rates, but change in policy statement in focus on the word "accomodative". Uptrend continues. Posted by Picasa

E-mini Russell 2000 chart

Friday, December 09, 2005

2005209 CCI hugging +100, could be waiting for breakout upside again. Posted by Picasa

E-mini Russell 2000 chart

Thursday, December 08, 2005

2005208 Could be forming a triangle for the breakout soon. CCI momentum indicating this could be on the upside. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, December 06, 2005

2005206 Made a new high, but unable to sustain gains. Not a good sign, although still sideways action. Posted by Picasa

E-mini Russell 2000 chart

Thursday, December 01, 2005

20051201 ZLR indicates buy signal on the CCI. New highs made signal continuation and confirmation of uptrend. Posted by Picasa

E-mini Russell 2000 chart

20051130 Sideways after the sell off 3 days ago. Could be setting up for another down move, where position traders can look to long on a 2 step corrective pattern to climb aboard the bull. Posted by Picasa

E-mini Russell 2000 chart

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