Click here for a chart of the ES
Click here for a chart of the TF
Click here for a chart of the NQ
Click here for a chart of the YM
Nat gas still holding current target
If you have any questions, e mail me at [email protected]
Thx,
Dave
Click here for a chart of the ES
Click here for a chart of the TF
Click here for a chart of the NQ
Click here for a chart of the YM
Nat gas still holding current target
If you have any questions, e mail me at [email protected]
Thx,
Dave
This past Thursday China’s flash Markit/HSBC Purchasing Managers’ Index (PMI) came in at 49.6. When this number drops under 50, it signals an economy is no longer expanding. This appeared to be the catalyst that triggered the US markets pullback. And I think that’s all it is, a normal pullback.
Nat gas has ripped through the $5 level on the deep freeze sweeping the country. (2 charts below)
Click here for a chart of the ES
Click here for a chart of the TF
Click here for a chart of the NQ
Click here for a chart of the YM
Click here for this week’s comparison chart
Click here for the long term NG chart
If you have any questions, e mail me at [email protected]
Thx,
Dave
The first trading day of 2014 the markets pulled back and created new downside targets.
Click here for a chart of the ES
Click here for a chart of the TF
Click here for a chart of the NQ
Click here for a chart of the YM
If you have any questions, [email protected]
Thx,
Dave
The Russell looks prime for 1200 – 1230. Notes are on the chart.
Thx,
Dave
As long as the Federal Reserve continues it’s bond buying, the market has no reason to stop going up other than normal back filling. $1200 looks real possible with 1230 being a major area of congestion.
Bernanke’s term ends January 2014. If the new Fed Chairperson doesn’t stop the flow of money, 1200 is very possible.
Thx,
Dave
Technically speaking, there’s plenty of more room for a move to the upside.
Notes are on chart.
Thx,
Dave