Thursday, March 30, 2006

20060330 Russell technicals still look strong despite the pullback in the Dow today. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, March 28, 2006

20060328 FOMC interest rate decision day, with B Bernanke presiding as chairman for th efirst time. Candlestick shows a inverted hammer, with engulfing bearish formation on the Russell futures. Market unable to hold initial gains, sells off after the interest rate decision. Posted by Picasa

E-mini Russell 2000 chart

Saturday, March 25, 2006

20060324 All time high for the Rusell 2000 today. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, March 21, 2006

20060320 Correction back down to test the mov avg support. Posted by Picasa

E-mini Russell 2000 chart

Friday, March 17, 2006

20060317 Russell 2000 futures continues its strength on options/futures expiration day. Posted by Picasa

E-mini Russell 2000 chart

Thursday, March 16, 2006

20060316 Russell futures show bearish reversal candle, and close below last 20 day high indicates a turtle soup reversal short trade. Posted by Picasa

E-mini Russell 2000 chart

Wednesday, March 15, 2006

20060315 Russell continues on the upside momentum, with good CCI reading. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, March 14, 2006

20060314 Big white candlestick indicates buyers stepping up, but needs to take out the high to confirm continuation of uptrend. Posted by Picasa

E-mini Russell 2000 chart

Monday, March 13, 2006

20060313 Strength in the morning gives way to selling later in the day. This forms a bearish shooting star candle formation. Posted by Picasa

E-mini Russell 2000 chart

Friday, March 10, 2006

20060310 Engulfing bullish pattern on NFP data day. Posted by Picasa

E-mini Russell 2000 chart

20060310 NQ first 30 min range breakout. Posted by Picasa

E-mini Russell 2000 chart

20060310 10:52 am EST. Moving avg crossed at 717.40, we long on cross of trigger price at 719. Nice move up. Posted by Picasa

E-mini Russell 2000 chart

20060310 9:41 am EST. A quick scalp for 10 ticks. Posted by Picasa

E-mini Russell 2000 chart

Thursday, March 09, 2006

20060309 Russell ends weak. The expected strength on the open did materialise, but was unable to sustain, indicating the supply/demand equation shifts to down now. Posted by Picasa

E-mini Russell 2000 chart

Wednesday, March 08, 2006

20060308 Holds the moving and forms hammer, indicating possible reversal. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, March 07, 2006

20060307 Russell broke key moving average support we alluded to yesterday, might consolidate around this current 50 day mov avg support. Posted by Picasa

E-mini Russell 2000 chart

Monday, March 06, 2006

20060306 Coming up to test support at the moving averages again. Posted by Picasa

E-mini Russell 2000 chart

Friday, March 03, 2006

20060303 730 remains key support, if broken next week could be completion of 123 pattern reversal. Posted by Picasa

E-mini Russell 2000 chart

Thursday, March 02, 2006

20060302 A rangebound day, which is expected after a huge runup. Posted by Picasa

E-mini Russell 2000 chart

Wednesday, March 01, 2006

20060302 An engulfing bullish candle nd cmplete reversal from the previous day losses. Posted by Picasa

E-mini Russell 2000 chart

p