Premarket 21/04/2016

Hi everyone,
Everything remains the same as yesterday's close. YM and TF are clearly bullish on the other side is NQ that in a sideways market and we should wait for a breakout, but if you look carefully it looks bearish. So the question: Can the YM and TF made new highs with a NQ in a downtrend? My first answer, it is too difficult but yesterday it happened and for that reason we can expect the same even we can see how NQ change the trend and become bullish.




Today Major News is: Unemployment Claims after that probably we show on the screen the way for taday.

Also look at the VIX: above 14 bearish market and below 13 very bullish.


Good Bye and Good Trading.

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EN TENDENCIA

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Tal como se ve los gráficos pintan mal a no ser por que estan tan sobrevendidos que es normal que recuperen algo de lo perdido, esto se verá el día en que los insiders desagan sus posiciones cortas y entren largos lo cual se traducira en un aumento significativo del volumen. Despues de ello el DJI ira de nuevo a provar los 8.000 que como no, coincide con el 50% de retroceso de Fibonacci. Si las cosas pintan igual apuesto a que ira a tantear los 6500. El Ibex ha cumplido mi objetivo a largo en en corto como se ve está cerca de la línea de tendencia así que irá ha probarla con toda seguridad. Y si Papa DJI decide romper los 8.000 que dios nos pille confesados. Saludos y Buen Trading.
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Premarket 08.04.2016

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Hi everyone, It looks a great day, after the Yellen speech markets stop the downtrend and now we are in the opposite side. Now we need to confirm that uptrend and the Vix give us the the final track. Let's go to see the Charts. Dax: Very bullish, upward gap an now is moving inside the  channel. I expect a rotation to the downside of the channel to look for long opportunities. The position that you see in the chart is now out the market, price reaches my stoploss. NQ: Also very bullish and yesterday it stoped a unbalace area. Above 4.500 very bullish for today. TF: Despite the uptrend it is still in a bearih channel and we should see the price above 1.100 to think en long positivon. CL:  After inventories report and yesterday with Yellen this chart is also bullish. Also I expect a rotation a least to 50% of the bullish chanel. As yerterday the uptrend will be confirmed by the Vix. Good Bye and Good Trading.
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Closing Bell 20/04/2016

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Hi everyone, Today I repeated most of my yesterday mistakes, and the result show it. Finally the markets look bullish with the exception NQ, that is still sideways. News for tomorrow: Unemployment Claims, a major news before the opening bell. For tomorrow I expect a bullish market, and the NQ try to break the highs. Good Bye adn Good Trading.
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