Monday, December 31, 2007

SIMSCI is still in a Bear TREND, on my SWING Chart

My SIMSCI SWING Chart above...
Unless & until PRICE takes out the last PRIME Resistance (Lower High/LH), we are still in a Bear TREND, on the SWING Chart.

And for those of you tracking the EURO Futures, you might be interested to know that on the SWING Chart, the EURO has just created Leg 1 of Bear Break. For more, head over to my Futures-Trading Blog for the latest posting...

Thursday, December 20, 2007

Possible Leg 1 of Bull Break on the SWING Chart of the BRITISH POUND Futures

For those of you tracking the BRITISH POUND, you might be interested to know that a possible Leg 1 of Bull Break on the SWING Chart is about to happen any time now.
Visit my futures-trading blog for the chart action.

Monday, December 17, 2007

A Break-Down instead, on the HSI - Leg 1 of Back Door Bull Break

My HSI TREND Chart above...
The Break-Down from the Falling Wedge Chart Pattern has resulted in a deeper Leg 1 of Back Door Bull Break. Almost 1700 points have been lost in the last 3 days of trading. With the SWING Chart deep into oversold territory, do expect a puill back of sorts, in the next couple of days, for PRICE to head back up to challenge last PRIME Resistance, and to give us Leg 2 of Bull Break.

Thursday, December 13, 2007

Falling Wedge Forming on HSI Futures TREND Chart

My HSI Futures TREND Chart above...
Will we see a Break-Out from this Falling Wedge?

Saturday, December 8, 2007

EURO Futures: Leg 1 of Bull Break

Since my last post on the 21st of November, PRICE on the EURO Futures SWING Chart has created Leg 1 of Bull Break. Are we seeing a change in the Bull TREND? Have a look at the chart, at my Futures-Trading Blog.