Thursday, January 31, 2013

1/31/13 - EOD Update

Interesting. The bears may be trying to start something. We'll see because it is still their burden to prove.

Keeping an eye on my weekly chart. Is 5 of C complete?

Lets see how the market reacts to NFP tomorrow.

5 Min
The H/S target places the market near the 20 day SMA.

60 Min 

Weekly

Wednesday, January 30, 2013

1/30/13 - EOD Update

The bears managed to close back through the top of the ascending triangle. Its a start for them but they still have their work cut out for them.

So far iii=i or c=a per the 5 min chart.

5 Min

60 Min 

1/29/13 EOD Update

5 Min 
60 Min 



Monday, January 28, 2013

1/28/13 - EOD Update

60 Min

Not much to add since last week. Still looks like another triangle in the works.

The bears need to break the tri down to get something going.