Enlarge any chart by clicking on it.

Unless otherwise specified, ALWAYS use the 15min chart to enter my recommended plays because
CONFIRMATION is a MUST. In other words, you need to see a 15min candlestick that CLOSES beyond
the entry point, then enter when it moves 10cents after the high/low of that candlestick.

Thursday, June 30, 2011

VIX , SPX-DAILY , SPX-30MIN , FXE(EURO) x2 , UKX (FTSE)

The market looks like it wants to pullback, but that doesn't mean much because it's still holding on to its technical indicators, which means it will keep going up till those indicators give up before we can see a pullback. It looks like it will pullback tomorrow when it gets to 1325. That is just an assumption based on the daily chart. But a move or close above 1325 can lead to further strong move higher.
Intraday action tomorrow will determine my decision.

VIX DAILY

SPX-DAILY

SPX-30MIN

FXE(EURO) DAILY I

FXE (EURO) DAILY II

UKX (FTSE) DAILY
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