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US Market 2010-12-9
2010 Dec 9 Thu 8:58:02 | by
US Market 2010-12-8
2010 Dec 8 Wed 8:58:04 | by
EURUSD having difficulties taking out resistance
2010 Dec 7 Tue 10:37:30 | by
Weekly yellow zone acted as resistance. A confirmed break on hourly, however, does not offer much profit potential on its first target area (red zone) right above 1.31.
It is a wait and see situation for the pair.
Held the weekly red zone and moving higher towards the yellow zone. As easy as it gets. Yay! ...
ESNQ AH High1234.502216.25 AH Mid1226.752200.88 AH Low1219.002185.50 ...
ESNQ AH High1226.752193.75 AH Mid1221.502185.38 AH Low1216.252177.00 ...
ESNQ AH High1227.252195.00 AH Mid1220.882183.88 AH Low1214.502172.75 ...
ESNQ AH High1211.752173.00 AH Mid1206.882164.88 AH Low1202.002156.75 ...
ESNQ AH High1196.002147.75 AH Mid1186.252129.38 AH Low1176.502111.00 ...
In the post on Nov 23rd, I mentioned that continuation rally is likely once the 2 breadth models realign. Now they are, so, as long as emini S&P is trading above 1170, we are looking for a rally to new year high. One important thing to remember ...