Hourly pattern looks bullish; solid green bars, MACD crossed above, and momentum oscillators moving up ES 830/32 is the line in the sand; break out above this signals a meltup Failure leads to move back to LOD
DAX dragon completion gives us the short signal. And US mkt has the final say for the week. Where is the best spot to land for the Obama week?
Dow never recovered from initial drop pre RTH. NQ, however, did close its gaps. So no reason to go higher. ES is doing its 3rd attempt to take out PP.
Feels like bears keep trying to break the market but they are losing, very slowly. Possibility of 850 this afternoon if the volume comes in. We should know shortly.
oh God...here we go again.... The predicting Chan is your new name. The trend is up today....trade it that way until the trend is short. You dont need to play the tops and bottoms.