2008-12-18 Market Watch

(SPX wave counting: nothing is changed,  wave C not finished yet)

(/ES, 1-hour)

(/ES, 1-min)

(SKF, 1-min)

($INDU 15-min)

(SKF 1-hour)

Trading system signal: short SKF.  My opinion: both SPX and XLF have further downside space.

2008-12-17 Market Watch

SPX wave counting: no update, everything looks the same.

(/ES)

(SKF, 1-min) (SKF, 1-hour)

(XLF, 15-min)

(/CL, the crude oil futures, 15-min)

(/DX, US dollar index futures, 1-hour)

WARNING: very suspicious.

(INDU 15-min) (ESH9, 15-min)

2008-12-16 Market Watch

(SPX daily, wave 4)

(/ES, 1-min)

(SKF, 1-min)

(USD/CAD, 2-hour, should be more patient)

(USD/JPY, 2-hour)

(/DX, US Dollar Index Futures, hourly chart)

SKF signal from the mechanical system: HOLD.

2008-12-15 Market Watch

(/ES 5-min)

(XLF 5-min)

(USD/JPY 2-hour, previous low became a resistance now.)

SKF signal from mechanical system: short at market open.

QQQ's Trading Seminar on Dec 14th 2008

Please visit QQQ's blog to read the article.