Today morning ,nikkei was up around 200 points and before our markets opened for trading even hangseng was up around 400 points,,i think singapore nifty once traded at around 4360+ levels...our markets opened at around 4350 and slowly drifted down...in the first hour or so ,there was no major selling pressure seen.....
How my trading system behaved today. ???...could it catch the fall from highs ???
here are some charts with sell calls..
interested ?? add bhoom2tika in ur ym....
4 comments:
Histockchart,
My two cents for today.
Close today 920.26(+19.32)
Spx close below 935 so nothing new.
Below 935 I expect [790,820] medium term.
Today break 911 hourly/daily and is now testing important resistance.
I suspected yesterday that the market should go up, because if you see my post/chart spx had divergence bullish stochastic daily.
So now bulls will try to break this important range [935-921].
I suspected that spx will turn around soon.
Don`t forget today vix fall 15% and made new lows of the year again = This is very bery bearish I see spx only at 920 made 956.
Important tomorrow watch macd hourly. New sell signal macd hourly with confirm lower high and we will testing again range [880-893] or we will break last down swing and see my medium term target [790-820.
Hourly/Daily
Suport 910 resistance between [935-921]
Trades big picture
Open Last week short at 941 close 902 (80% of my position) and I will initiating short positions again.
See the table of trades at the end of the blog.
Any position of trading I will post here realtime.
Click to zoom in.
Enjoy
http://followmarketrend.blogspot.com/2009/06/spx-update-daily-and-hourly_25.html
hello carlos,,thnx for commenting as a guest,,i visited your blog too,,ur presentation is better than me..although by gods grace, i ve been able to time markets with accuracy since jan 2008,and you have started recently as a blogger..so if you are saying my blog ..a nice one in that context..thnx a lot.what abt changing links dear??..
bro I read many blogs daily before mkt open and at EOD but u are really the best simply marvelous salute to ur calculations
thnx bro,,you are one of my motivation..as a reader..and as you know very well ,,its not me bro.its sainaths grace
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