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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

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...

Dots

...If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Cabin

Cabin

Events

UPCOMING (MAJOR) U.S. ECONOMIC VENTS...
* Wed. May 22 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Thurs. May 23 @ 3:30 am ET ~ German Flash Manufacturing PMI (watch for a hold below 50)...N.B. Jan. 24 PMI came in at 49.9, Feb. 21 PMI came in at 47.6, Mar. 22 came in at 44.7 & Apr. 18 came in at 44.5 (contraction mode deepens!)
* Wed. May 29 @ 2:00 pm ET ~ Beige Book Report
* Fri. June 7 @ 8:30 am ET ~ Employment Data
* Wed. June 12 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* Fri. June 14 @ 8:30 am ET ~ Core Retail Sales & Retail Sales
* Wed. June 19 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts and @ 2:30 pm ET ~ Fed Chair Press Conference
*** Click here for link to Economic Calendars for all upcoming events

NOTABLE POSTS WITH IMPORTANT UPDATES...

Wednesday, November 30, 2011

Will we see a green or a red November?

With only 3 hours left in today's, and November's, trading, here's how the Monthly chart looks for the YM, ES, NQ & TF...at the moment, the YM is above November's open of 11910, while it looks as though the others will have to better the following opening prices to close in the green:
  • ES - 1247.50
  • NQ - 2353.25
  • TF - 734.70
With the release of the Beige Book report at 2:00 p.m. EST today, it's possible that these markets could rally to close the month in the green, if the data is very positive...they've been high-basing since today's open after rallying hard in pre-market trading (however, that would require an enormous push on the NQ, but anything's possible!).


The Daily chartgrid below of these 4 E-minis shows that the YM & NQ have already reached their 200 sma, while the ES & TF are on their way...a close and hold above the 200 sma on the YM & NQ would confirm that an attempt to reverse the bearish Death Cross moving average formation is in progress...however, such a resolution would also require the participation of the ES & TF...we may see price bounce around in between the 50 and 200 smas until either an uptrend has begun, with price breaking and holding above the highs of their October highs, or the downtrend has resumed on this timeframe.