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Small gap up, within yesterday's range, so the gap might be filled.
Possible Double Bottom formed on the Global ES, so the bias is up for now. You may want to read it as H&S Top but before the blue line is taken, it's just an imaginary pattern, not real.
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Morning Take
Bullish for US equities.
"Morning Take" is the new name for Momentum Block. This now includes the status of all long term models and "Harapa SPY trading setup" as of close of previous day.
For details see here: http://harapaninvesting.blogspot.com/20 ... -2013.html
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
Please don't post the link to your blog directly. You can put the link to your blog as your signature. I know you contribute a lot, but other newcomers might think it's OK they can put links to their personal web site directly, so to avoid confusing, please put the link as your signature. Thanks.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
testing resistance many times, so I think we'll see breakout.
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Point taken about the link to personal blogs. I am just being lazy I can as well post the pics here too. Some posts get lengthy so I hope folks are not offended if a link shows up once in a while.
Last edited by TradingJackal on Wed Mar 13, 2013 9:44 am, edited 1 time in total.
Please don't post the link to your blog directly. You can put the link to your blog as your signature. I know you contribute a lot, but other newcomers might think it's OK they can put links to their personal web site directly, so to avoid confusing, please put the link as your signature. Thanks.
support. Bears failed around here yesterday. let's see how about today.
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TradingJackal wrote:Point taken about the link to personal blogs. I am just being lazy I can as well post the pics here too. Some posts get lengthy so I hope folks are not offended if a link shows up once in a while.
Thanks for understandings. Everyone has to post real contents here, otherwise if everyone simply put the links to their own blog here, then this forum will be dead. So link in the signature is OK, but you have to do real contribute here in order to ad your own website. If your calls are good, people would click your signature to your web site. I hope this creates a win-win situation between this forum and contributors. Thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.