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.

Monday, April 23, 2012

FTSE, DAX, CAC-40, SPX

SPX for tomorrow looks to be a choppy day in a tradeable range of 1359-1368 with bears winning the day. This will be a setup for a big drop on Wednesday.
Note also that we could see a big drop tomorrow if 1358 is taken out.

The global market looks weak at this time.

Pardon the late post. Was trying to figure out the charting software for the European market. Bare with me as I get use to it. I should be okay from this point on though. Had some problem over the weekend with posting the European markets, hence the reason no chart was posted even though it had great shorting opportunities.

FTSE-DAILY

GERMAN DAX-DAILY

FRENCH CAC 40 - DAILY

SPX-DAILY III

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIN
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