Friday, April 28, 2006

20060428 Price action still bullish, but prices need to break out of the downward consolidation in order to maintain the momentum. Posted by Picasa

E-mini Russell 2000 chart

Thursday, April 27, 2006

20060427 Intraday view of the ER, break down off triangle formation. Posted by Picasa

E-mini Russell 2000 chart

20060427 Candlestick price action shows balance between buying and selling. ER needs to not suffer any technical damage. Posted by Picasa

E-mini Russell 2000 chart

Monday, April 24, 2006

20060424 ER down on doomsday prediction of US75 oil. But the pattern looks like a bull flag formation. Posted by Picasa

E-mini Russell 2000 chart

Friday, April 21, 2006

20060421 Small cap Russel is consolidating the week's gains. Crude Oil price went above US75 per barrel. Posted by Picasa

E-mini Russell 2000 chart

Thursday, April 20, 2006

20060420 Rusell cap encountered profit taking, on a Day the Dow breached 10400. Could signal rotation into big caps. Posted by Picasa

E-mini Russell 2000 chart

Wednesday, April 19, 2006

20060419 Small cap futures stride into higher territory despite the doom of crude oil breaching US72 per barrel. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, April 18, 2006

20060418 Impulse move back up to test the previous highs, looks to be pretty bullish price action. Posted by Picasa

E-mini Russell 2000 chart

Monday, April 17, 2006

20060417 Russel consolidates sideways, could be a bear flag formation. Posted by Picasa

E-mini Russell 2000 chart

Thursday, April 13, 2006

20060413 Pre easter break trade sees ER2 back up to test 760 resistance at mov average, which proves to be good resistance. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, April 11, 2006

20060411 CCI falls below zero, support is broken. Looking to short first pullback to the short ma. Posted by Picasa

E-mini Russell 2000 chart

Monday, April 10, 2006

20060410 A spinning top formation, bulls and bears fighting for control. Judging from the action on NFP day, looks to be possibl headed lower in the days ahead. Posted by Picasa

E-mini Russell 2000 chart

Saturday, April 08, 2006

20060407 In one complete reversal pattern, the Russel's technical health now proves to turn ugly to the downsie. Expecting further weakness ahead next week. Posted by Picasa

E-mini Russell 2000 chart

Thursday, April 06, 2006

20060406 Rusell futures proves resilient with buyers ocming back in in the face of early selling Posted by Picasa

E-mini Russell 2000 chart

20060405 Russell futures daily chart shows no technical concerns, steady as she goes. Posted by Picasa

E-mini Russell 2000 chart

Tuesday, April 04, 2006

20060404 Russell 2000 finds support at the 9 ema. Posted by Picasa

E-mini Russell 2000 chart

Monday, April 03, 2006

20060403 Possible reversal candle in the small cap russell 2000. Posted by Picasa

E-mini Russell 2000 chart

Sunday, April 02, 2006

20060331 Small caps continue to forge higher, with the s&p 500 consolidating sidewas. Posted by Picasa

E-mini Russell 2000 chart

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