June 5, 2006: TD (Down)

Ok so the market went down, big deal. Today's observation is on the 3 short setups. The 1st entry happened when Vold was still in the zone so this means quicker profits. 2nd entry when it tagged the underside of the zone which means 'wait a little longer on taking profits'. 3rd entry is the ideal one since Vold and the Adds are completely out of the zone - translation: sit tight and enjoy the ride!

How about the very reliable pattern on ES?? I drew the inverse pattern to show the bullish side as well. The bullish one took place few days ago.


Ok, same old story. Everything is moving in unison. This is getting to be boring (hehe..). 1.30 level on Euro is the 'level' to beat. The pattern is still bullish unless 1.27 is taken out. If that happens it'll be a straight flush down to 1.22-23 area and a major dbl. top will be in place.