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, May 10, 2012

FTSE, DAX, CAC-40, SPX

If SPX closes between 1358-1363 tomorrow (small up day), it will not be good for the bulls, but a small down will be. Need to see a close above 1365 for the bulls to regain control.

Note: Pay close attention to the SPX-30MIN SHORTER TIMEFRAME chart for short-term move.

FTSE

GERMAN DAX

FRENCH CAC 40

SPX-STUPID SPORTS CAR

SPX-DAILY II

SPX-DAILY I

SPX-30MIN LONGER TIMEFRAME

SPX-30MIN SHORTER TIMEFRAME

SPX-5MIN
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