Friday, January 27, 2006

20060126 Down candle, indicates some selling, so we might see the HSI drop in the coming days leading up the next week Chinese New Year holidays. Posted by Picasa

Thursday, January 26, 2006

20060125 Scribing a 'bear flag' formation after the gap down last Monday in response to 220 point drop on the DJIA. Posted by Picasa

Saturday, January 21, 2006

20060120 Spinning top candlestick shows blance between buyers and sellers. Posted by Picasa

Thursday, January 19, 2006

20060118 Another gap down candlestick, market selling is overdone, buy on open gap (if any) today for quick scalp. Posted by Picasa

Wednesday, January 18, 2006

20060117 15240 remains a focus for the possible gap trade or scalp buy point, being a mov avg level. Posted by Picasa

Saturday, January 14, 2006

20060113 After the spinning top tussle day, pattern today looks like engulfing bullish continuatin of uptrend. Maybe expect more gains next week, with strong CCI momentum. Posted by Picasa

Friday, January 13, 2006

20060112 A spinning top, which is a battle between the bulls and bears. Posted by Picasa

Thursday, January 12, 2006

20060111 Another up candlestick indicates buying, looking for pullbacks to buy. Posted by Picasa

Tuesday, January 10, 2006

20060110 Lunch session close. As per original analysis of the daily HSI chart, support held and a nice rally of >100 pts. Posted by Picasa

20060110 10:28 am A divergence short trade. Factors 1) Divergence in price and the CCI 2) Up trendline break 3) Break of horizontal resistance. 3 factors that supported a successful short trade on the HSI. Posted by Picasa

20060109 Gaps higher, good upside CCI momentum. Look to buy pullbacks to mov avg support levels. Posted by Picasa

Friday, January 06, 2006

20060105 Interestingly today is the 2nd gap in a row, opens up a whole host of possible candlestick patterns. Posted by Picasa

Thursday, January 05, 2006

20060104 Gaps up in reaction to strong gains on Wall St from FOMC minutes release. 15140 now is support, could be a good level to get long for continuation of the move. Posted by Picasa