SocGen and Rogue Trader, Jérôme Kerviel

Here is an interesting article on rogue trader, Jérôme Kerviel and his "rogue" trading activities at Société Générale.

HSI SWING Chart: Break Down From Consolidation

For more details of my commentary on the HSI Futures SWING Chart, head over to my Futures-Trading Blog.

CAT: Bullish Chart Formation

My CAT Position Chart above...

Caterpillar Inc. (CAT) is still in a Bull TREND. With the Bullish Chart Formation, will we see a break to the upside anytime soon?

SIMSCI SWING Chart: Let's Not Get Too Excited Now...

My SIMSCI SWING Chart above...
Let's not get too excited now...as long as PRICE is unable to take out the last PRIME Resistance, we are in a BEAR TREND - A Lower Low, followed by a Lower High, and then another Lower Low.

Hang Seng Futures: Expect Downward Pressure in PRICE - To Challenge Last PRIME Support at 26117

My HSI Futures SWING Chart above...
My HSI Futures SWING Chart above...Finally...some clarity going forward. With yesterday's PRICE plunge in the US markets, I believe we will see PRICE breaking out, to the downside of the Triangle (consolidation) formed so far.

HSI TREND Chart: PRICE needs to clear last PRIME Resistance of 28424, to invalidate the 2 Legs of Bull Break

My HSI Futures TREND Chart above...

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...

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.

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.

Falling Wedge Forming on HSI Futures TREND Chart

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

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.

Interested in the EURO?

For those of you interested in the EURO, do drop by my Futures-Trading Blog for the Bullish Chart on the EURO Futures.