Blog Archive

Tuesday, June 22, 2010

Tuesday

Market recap:
If everyday, without fail you gave someone a gift; would you continue if they never said a word?


11:48 ET
We're inside.
Good momentum on the Tenkan-sen/ Kijun-sen cross




11:24

PPS is bearish . We are at the top of the hourly Kumo, but this Kumo is not especially strong. The target destination is still the cyan tine.
14:15 ET
Just a heads up to my regulars. Even though the market has not closed it appears that we will form a Three Outside Down pattern today. This is a highly reliable bearish candle stick pattern.

Also take note of the way Price obeyed the Daily Kumo.

My indicators are also bearish

Daily SPX


13:40 ET

10:30 ET

Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.

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