WELCOME

Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...
please read my full Disclaimer at this link.

Dots

...If the dots don't connect, gather more dots until they do...

Beach

Beach

Events

UPCOMING (MAJOR) ECONOMIC EVENTS...
* Mon. May 29 ~ U.S. Markets closed for Memorial Day holiday
* Wed. May 31 @ 2:00 pm ET ~ Beige Book Report
* Fri. June 2 @ 8:30 am ET ~ Employment Data
* Tues. June 13 ~ 2-day FOMC Meeting Begins
* Wed. June 14 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
* Wed. July 5 @ 2:00 pm ET ~ FOMC Meeting Minutes
*** Click here for link to Economic Calendars for all upcoming events

Friday, March 15, 2013

970 by April Fool's Day?

The Russell 2000 E-mini Futures Index (TF) appears to be on track to hit its 200% external Fibonacci retracement level of 970 by April Fool's Day, provided it remains in its uptrending channel, as shown on the 60 min (market hours only) chart below.

Near-term support lies at 930-935...a drop and hold below that level could send it down to 900, or lower.