SPI Daily 1st September 2010 recap

First day of September and price is now trading above the September 50% levels @ 4394, which is seen as a bullish sign For the market to mov...

S&P (e-mini ) 31st August 2010 recap

Resistance 1051-56 Support :- 1031-33 Daily and Weekly lows. S&P Weekly and Daily Range . Price didn’t move down far enough into support...

SPI Daily 31st August 2010 recap

Today's trading range is based on the possibility that price moves up into resistance levels @ 4429-30 (Weekly 50% level and daily level...

S&P (e-mini ) 30th August 2010 recap

My view is to continue down during the 3rd quarter… However, based on the Daily and Weekly levels, the trading range for Monday is 1056-1079...

SPI Daily 30th August 2010 recap

Trend guide 4396. Above 4396 and the trend bias is to move up towards 4330-47 Below 4396 & into random support levels SPI Weekly and Dai...

Index, Forex & Stocks 28th Aug 2010 Weekly

Weekly Index & Forex Reports out now... Australian Index (SPI) Futures http://austindex.blogspot.com/ DOW and S&P Index Futures http...

S&P (e-mini ) 27th August 2010 recap

Thursday has closed below the weekly lows @ 1053, therefore it favours a move downward. However, based on the channels in the 5-day pattern ...

SPI Daily 27th August 2010 Daily recap

SPI trading around major support using the Yearly 50% level @ 4295. Trend guide and support @ 4292-95 Random resistance @ 4335 & 4363. S...

S&P (e-mini ) 26th August 2010 recap

Based on the current price action and today's higher daily open around the 5-day 50% level, there is a possibility of more weakness usin...

SPI Daily 26th August 2010 recap

Market remains trading above the Yearly 50% level @ 4295, and trading above the Weekly lows. Trend guide 4319 Because of the current pattern...

S&P (e-mini ) 25th August 2010 recap

Patterns for today A:- because there is a breakout of Tuesday's lows I'm looking for the trend to continue down into Wednesday's...

SPI Daily 25th August 2010 Daily recap

Early support 4308-13 Resistance 4342-48 :- I’d be surprised to see the market above resistance today. Below support and trend bias is down ...

S&P (e-mini ) 24th August 2010 recap

Support 1053-1055 with a possible swing into a higher daily close. However, there is a larger trend pushing the S&P from 1098.50 towards...

SPI Daily 24th August 2010 Daily recap

SPI opening below key intra-day levels @ 4398-4406 Whilst below those levels the trend is down towards Tuesday lows (42 points range) Random...

S&P (e-mini ) 23rd August 2010 recap

"High probability UP move would have seen Friday HOOK and today already trading above 1077.50 Trend guide 1071.25. Today could end up a...

SPI Daily 23rd August 2010 Daily recap

"Based on the current price action I would have an UP day using 4381-83 as the trend guide" SPI Weekly and Daily range. Early rise...

Index, Forex & Stocks 21st Aug 2010 Weekly

Weekly Index & Forex Reports out now... Australian Index (SPI) Futures http://austindex.blogspot.com/ DOW and S&P Index Futures http...

S&P (e-mini ) 20th August 2010 recap

"Yesterday saw the market move down into Thursday’s lows and likely to move down into the daily and Weekly lows on Friday Early resista...

SPI Daily 20th August 2010 Daily recap

Spiral filter Resistance @ 4420-24 Expectation price is moving down into support levels :- 4373-87 (42 points) SPI Weekly and Daily range. E...

S&P (e-mini ) 19th August 2010 recap

"Keep an eye on price trading below 1084.75 on Thursday for a delayed sell off. I'm bearish After a 2-day failure to break 1098.50,...

SPI Daily 19th August 2010 recap

"SPI currently trading around higher timeframe 50% levels, which are currently forming resistance zones. Trend guide 4457. Below and th...

S&P (e-mini ) 18th August 2010 recap

"The price action suggests a rise upwards today using the daily 50% level and 1084.75 as support:- minimum move 8.5 points ($425 USD) 1...

SPI Daily 18th August 2010 recap

"Price has already hit Wednesday highs during sycom @ 4491, therefore it is hard to see further gains in the Australian Market today, S...

S&P (e-mini ) 17th August 2010 recap

"No probability in today's trading but 1084.75 is the key level on whether Tuesday continues down into support levels:- Weekly lows...

SPI Daily 17th August 2010 recap

"Today is based on whether the trend continues higher and back to the August 50% level @ 4457-67 Or whether 4422 pushes the market back...

S&P (e-mini ) 16th August 2010 recap

Around 1084.75 could send the S&P back down into 1072, which then becomes random support:- choppy Support 1062.75 (Weekly lows). S&P...

SPI Daily 16th August 2010 recap

Monday's trading is going to be based around the levels @ 4373 If above looking for a swing back towards 4432. SPI Weekly and daily rang...

Index, Forex & Stocks 14th Aug 2010 Weekly

Weekly Index & Forex Reports out now... Australian Index (SPI) Futures http://austindex.blogspot.com/ DOW and S&P Index Futures http...

S&P (e-mini ) 13th August 2010 recap

S&P trading around medium term support levels:- 1073-78 I have the same expectation :- resistance 1094-1099 Support 1062-65 S&P Week...

SPI Daily 13th August 2010 recap

SPI Trading around the 3-week lows @ 4330 Trend guide in early trading is 4344. Above 4344 has the potential to move into a counter-trend tr...

S&P (e-mini ) 12th August 2010 recap

Resistance 1094-1097 Support 1062-67. Trend guide 1078. S&P Weekly and daily range. My ideal pattern was a rise upwards from yesterday’s...

SPI Daily 12th August 2010 recap

Thursday breakout and resistance @ 4381 Support:- Weekly lows 4330. 1 day counter-trend move is back towards the Weekly 50% level, but that ...

S&P (e-mini ) 11th August 2010 recap

Tuesdays' close below the daily 50% level and below 1116, the trend bias is to move lower. S&P Weekly and Daily range At the start o...

SPI Daily 11th August 2010 Daily recap

With the first 2 days struggling to rise higher than 4565.it now looks like this week is starting drift lower. (Lower Weekly close by Friday...

S&P (e-mini ) 10th August 2010 recap

Trend bias upwards for the first 2-days this week, however the channels on Tuesday aren’t allowing for the market to move towards the Weekly...

SPI Daily 10th August 2010 recap

Trend bias is to continue higher this week. Support 4547 If below market moving back down 42 points. SPI Weekly and Daily range. August leve...

S&P (e-mini ) 9th August 2010 recap

Trend bias is towards the Weekly highs @ 1137 (S&P) Monday’s daily high might not allow the move into the Weekly highs, but I have the v...

SPI Daily 9th August 2010 recap

The expectation is to continue up towards this week's highs @ 4606 & 4672. As long as price remains above 4512 Random resistance @ 4...

Index, Forex & Stocks 7th Aug 2010 Weekly

Weekly Index & Forex Reports out now... Australian Index (SPI) Futures http://austindex.blogspot.com/ DOW and S&P Index Futures http...

S&P (e-mini ) 6th August 2010 recap

Trend guide 1124.75 Jobs data comes out tonight, and this will either send the markets higher, as part of the continuation from last Friday’...

SPI Daily 6th August 2010 recap

I have the same view as the previous few days:- 4541-44 resistance with a bias to move down towards support levels Support 4505-11. SPI Week...

S&P (e-mini ) 5th August 2010 recap

1132 resistance and I would like to see the market move down into 1118 as a first target area. S&P Weekly and Daily range. Price didn’t ...

SPI Daily 5th August 2010 recap

Based on today's levels it looks like more rotation and consolidation. Resistance 4550 Trend attraction zone 4527 SPI Weekly and Daily r...

S&P (e-mini ) 4th August 2010 recap

Patterns for Wednesday:- Support 1111.75 And continues towards Wednesday’s highs and then towards 1132 by Thursday. S&P Weekly and Daily...

SPI Daily 4th August 2010 recap

Based on the current patterns in the market I'm treating the SPI as trading around resistance levels @ 4541 with a bias to move down tow...

S&P (e-mini ) 3rd August 2010 recap

We have similar patterns as last week, hitting the Weekly highs I’m looking for a 1-day reversal pattern during the week:- towards 1102-1109...

SPI Daily 3rd August 2010 recap

"Resistance 4570 Support 4525 First target reached @ 4565 with the next target @ 4672. There is probably 1 day that will reverse down (...

S&P (e-mini ) 2nd August 2010 recap

Based on Friday's low and the monthly close above 1099, my view is that the market is moving upwards over the next 2-3 days, as per Week...

SPI Daily 2nd August 2010 recap

As per Weekly report, my view is UP:- 2 to 3 day rally Trend guide 4467-72 SPI Weekly and Daily range SPI rallied in morning trading from 44...