The S&P's Triangle

S&P looks poised to move to a new high and this is the evidence. Triangles only happen prior to last move. The move has been down and looks done! Perfect support! :)

S&P Update

If the S&P can hold todays bottom its now free to move up. We believe it will make a new high!

Euro Projections

The Euro's Fibs are still active and the pair still looks to have some more downside left to it. Though it is time to keep Stops on shorts tight! :)

Crude Oil Long Entry

As reported.. Took a few contracts in April crude futures entry @ $101.70... based off 5-min chart.. not sure how long I will hold it..

Hourly is attached..

It's late.. going to bump the stop up to BE and go to bed in a few..

--Tony

Silver 03102011

Amazing how price gravitates to those price/time boxes that we publish in the newsletter, eh?  Somethings just never cease to amaze me.. next time/price targets will be identified in the forthcoming newsletter..

Best wishes!

Euro's Active Fib Grid 03102011

ES Followup

From last evenings post we've now broken the trendline. Next successive lower high should produce a dramatic drop.

The possible unfolding count of the ES's. If correct and I think it is we are now ripe for one more leg down. Any break of todays high would negate this count!

Euro Correction!

Our subscribers where fully aware that the euro would go and either test the bottom of the trendline or hit the 61.8% and so far the 61.8% projection is full filled, (not shown). Looking for another low risk short at the trend line or the new 261.8% level. :) God speed to all!

Silver 03082011

I guess Silver just wants to hang out and kick it in the box...

More to come! :-)

Euro Retesting Trendline

Euro is now retesting the bottom of the trendline. This is a classic low risk short. If wrong you'll know right away. Fib resistance is also playing a part! Knowing you're wrong right away is the best way to preserve capital!

Market has now come back and kissed the broken trendline! Maybe the kiss goodbye?

Buying opportunity for a day-trade or is it sniffing before falling off the cliff?

Euro critical area

If the Euro long term triangle is to remain intact the New York close has to stay under 1.3985 to stay confident of the count! Anything above leaves the upside open. Following the resitance line on the euro today left us with a low risk short!