Monday, March 16, 2009

2009-03-16 Market Watch

image SPX daily. It’s likely the highest point of wave 4 is set, however wave 4 itself may be incomplete.

image SPX hourly, first target 730.

image ES hourly, it’s very important to break EMA 50 decisively

image CLj9 hourly, still uptrend but the resistance at the upside seems strong.

image XLF hourly, sell signal confirmed.

image SKF daily.  Bounced back up at the uptrend line, volume accelerated significantly.

image SKF hourly.  Buy signal confirmed.

1 comment:

Unknown said...

maybe wave 4 is not done yet.