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.


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




* Wed. March 21 @ 2:00 pm ET ~ FOMC Announcement + FOMC Forecasts + @ 2:30 pm ET ~ Fed Chair Press Conference
* Fri. March 30 ~ U.S. markets closed for Good Friday Holiday
* Fri. April 6 @ 8:30 am ET ~ Employment Data
* Wed. April 11 @ 8:30 am ET ~ MoM & YoY CPI & Core CPI Data
* Wed. April 11 @ 2:00 pm ET ~ FOMC Meeting Minutes
* Wed. April 18 @ 2:00 pm ET ~ Beige Book Report
* Wed. May 2 @ 2:00 pm ET ~ FOMC Announcement
*** Click here for link to Economic Calendars for all upcoming events

Tuesday, October 30, 2012

Best Wishes, America!

Best wishes, America, in your recovery in the wake of Hurricane Sandy! My thoughts and prayers are with you.

Markets have been closed since Monday due to the hurricane. Below is an update of the YM, ES, NQ & TF e-mini futures indices, with the last two days (comprised of Globex-hours trading only) signalling a potential reversal. We'll need further clarification during full market-hours trading when that resumes (scheduled for Wednesday). All four are now below their channels from the June lows, and any bounce may only be testing the bottom of the channel before resuming a downward trek.