Thursday, September 29, 2005


20050929 Nice breakout out of the ID candlestick. Posted by Picasa

Wednesday, September 28, 2005


20050928 An ID (Inside Day) paves the way for possible breakout move tomorrow, leaning on buy side. Posted by Picasa


20050927 Daily chart with moving averages providing support. Posted by Picasa

Monday, September 26, 2005


20050926 A big white candlestick with strong CCI indicating strong momentum to the upside. 15130 now is support for the uptrend. Posted by Picasa

Friday, September 23, 2005


20050923 A good buy scalp of the moving average today. Posted by Picasa

Thursday, September 22, 2005


20050921 Support comes in around the moving averages. Could be a consolidation of the big candlestick indicating buying interest 2 days ago. Posted by Picasa


20050921 CCI building momentum to upside. Moving avg provide support levels for the uptrend, but if break to close below the mov avg, uptrend negated. Posted by Picasa

Wednesday, September 21, 2005


20050920 Posted by Picasa

Saturday, September 17, 2005


20050916 Range is narrowing, could be coiling the spring for the next move. Posted by Picasa

Thursday, September 15, 2005


20050915 Bounces off the upper moving average could have been nice short scalp trade. Another doji formation, indicating possible breakout soon out of the trading range. Posted by Picasa


20050914 Moving average levels 15109 and 14915 provide resistance and support levels which should contain the HSI movement. Candlestick shows a doji with a bigger body. Posted by Picasa

Tuesday, September 13, 2005


20050913 HSI ZLR buy signal failed with a big fall today. The candlestick yesterday indicating lack of buying interest would have precluded a long position or a reduced position. Broke the moving average supports today, might be an opportunity for short with a pullback to the moving average. Posted by Picasa


20050912 CCI shows a ZLR buy signal, but the candlestick opened near the high and closed below midpoint, not showing buying interest, as the bulls were unable to hold the highs. Posted by Picasa

Saturday, September 10, 2005


20050909 The moving average level 15070-80 again provided good scalp buy opportunity, with a bounce again off that level. Posted by Picasa

Thursday, September 08, 2005


20050908 With the break of the low if the ID candle, indications were for a short trade. Posted by Picasa


20050907 An inside day candle (ID). Look for breakout either side of this candle. Posted by Picasa

Wednesday, September 07, 2005


20050906 Profit taking in aternoon took HSI down to test the moving averages, which provided good support for the buy scalp today off the moving averages. Posted by Picasa

Tuesday, September 06, 2005


20050905 HSI shows a NR4/ID pattern, narrowest range for past 4 days and Inside Day pattern, indicating a breakout either side today (6/9/2005). Posted by Picasa

Saturday, September 03, 2005


20050902 Another day of upside move. 15010, the moving average level might provide good scalp buying opportunity on Monday. Posted by Picasa

Thursday, September 01, 2005


20050831 Sideways action, limited by the moving averages, CCI momentum still down but abating. With good Wall Street numbers last night should move up today. Posted by Picasa