20060630 Russel has strong close, could be attributable to end of quarter trade. Our swing trade long entry did not eventuate, but may still set up next week. 

E-mini Russell 2000 chart

20060629 Strong impulse move up, coming off the hammer candlestick formation. Busts straight through our 713 level target. 

E-mini Russell 2000 chart

20060628 A hammer formation. Hopefully will propel the ER2 towards our target of 713. 

E-mini Russell 2000 chart

20060627 Could not sustain gains on way to test 709 (short of our 713 target). Today the candlestick pattern is dark cloud cover/engulfing bearish, a bearish pattern. 28/6 will be the start of the 2 day FOMC meeting. 

E-mini Russell 2000 chart

20060626 Breaks out of double ID pattern. 713 should be tested soon. 

E-mini Russell 2000 chart

20060623 A possible 123 continuation pattern, might see Russell continue on the rebound. 

E-mini Russell 2000 chart

20060621 Buy signal 'morning star' formation on the candlesticks. 

E-mini Russell 2000 chart

20060620 Initial strength could not be sustained=weak price action 

E-mini Russell 2000 chart

20060619 Engulfing bearish/dark cloud cover formation. Should be headed to retest the lows. 

E-mini Russell 2000 chart

20060615 The capitulation rally raars its head today. 

E-mini Russell 2000 chart

20060614 Capitulation rally comes. Seems 670 seems to be established as support. 

E-mini Russell 2000 chart

20060613 With support broke at 685, very little resistance on the path down today. 

E-mini Russell 2000 chart

20060612 Retests the low. Remains to be seen whether the support can hold. But the 'hammer' pattern failed, which says a lot on how clever people are nowadays with technicals. 

E-mini Russell 2000 chart

20060609 No continuation to confirm the hammer reversal. Price action doesn't look promising for rebound to continue, but needs to hold support at 685. 

E-mini Russell 2000 chart

20060608 Russell shows a hammer, which is a bullish reversal signal. Looking for continuation for 2 to 3 days. 

E-mini Russell 2000 chart

20060607 Early rally peters out at moving average resistance. 

E-mini Russell 2000 chart

20060606 Russell finds support at 705, key level. If it closes above today's high, a buy swing entry is indicated. 

E-mini Russell 2000 chart

20060605 Day of big losses for small caps after last Friday's surprising NFP data. Still has to break support levels, which might come tomorrow. CCI pattern is short ZLR. 

E-mini Russell 2000 chart

20060602 Emini Russell shows indecision,with balance between bulls and bears. Will have to see price action next week, whether CCI can break zero line reisstance. 

E-mini Russell 2000 chart

20060601 Russell CCI pattern shows divergence triggered long, on 2nd consecutive day of gains. 

E-mini Russell 2000 chart