20060531 On daily CCI looks to be a reversal in progress. Watching for 2 more days of gains. 

E-mini Russell 2000 chart

20060530 Engulfing bearish candle pattern with ZLR sell signal on ES. 

E-mini Russell 2000 chart

20060530 Russell formation on candlesticks is bearish. 

E-mini Russell 2000 chart

20060525 Rebound off the CCI divergence. 

E-mini Russell 2000 chart

20060524 A reversal hammer formation. 

E-mini Russell 2000 chart

20060523 Early gains encountered resistance at the key moving average resistance. 

E-mini Russell 2000 chart

20060519 Russell makes a hammer pattern, closing near highs. Should be continuation of rebound at least for another day or two.

E-mini Russell 2000 chart

20060518 After the expected opening bounce, Russell small caps continue down, dragged by the increasing CCI down momentum. 

E-mini Russell 2000 chart

20060517 CCI momentum drags the Russell to big fall as expected.

E-mini Russell 2000 chart

20060516 Russell shows a 'spinning top' formation. Indecision ahead of the next move, which with CCI momentum on downside could be further down. 

E-mini Russell 2000 chart

20060515 Russell continues to move down. CCI momentum is still strongly indicative to downside. 

E-mini Russell 2000 chart

20060512 Russel may well have put in a triple top formation. Look for pullbacks to short on a position trade basis. 

E-mini Russell 2000 chart

20060511 5 min chart of the ER2 on the trend day down. 

E-mini Russell 2000 chart

20060511 Russell, breaks through support at 774.20, which now becomes resistance. CCI momentum indicates major support is broken, could be in for a longer correction. 

E-mini Russell 2000 chart

20060510 Russell had a good 20+ pt travel from the ZLR buy signal. Now coming down to test mov avg support levels. 

E-mini Russell 2000 chart

20060505 Russell 2000, follows through further on the ZLR buy signal, probably reacting to favorable NFP data. 

E-mini Russell 2000 chart

20060504 Russell ZLR buy signal shows follow through at last. 

E-mini Russell 2000 chart

20060503 ZLR buy signal not much follow through, but still valid. 

E-mini Russell 2000 chart

20060502 A ZLR buy signal for ER2 on the CcI indicator. 

E-mini Russell 2000 chart