Welcome to my Futures Trading Blog. I am sharing my personal journey as a Futures Trader. At the moment, I am only daytrading (for me, it is "night trading" here, in Singapore) the S&P e-mini futures (ES) on a part time basis. I am still working in my day job. IMPORTANT: Please read Disclaimer at the bottom of this page.
Saturday, January 19, 2008
Still Going Down...It's Beginning to Sound Like a Broken Record
My ES TREND Chart above... Again...need I say more? Other than the brief PRIME Consolidation (Higher Low, followed by Lower High), it was down, down, down...
Hey Danny, thx for dropping by...I agree that there will be more downside but on the other hand, I do see some respite and a "dead cat bounce" this week. The markets are totally oversold, in my view...
My ES TREND Chart above...
2 comments:
Important support has been violated, I expect to see more damage this coming week -
Hey Danny, thx for dropping by...I agree that there will be more downside but on the other hand, I do see some respite and a "dead cat bounce" this week. The markets are totally oversold, in my view...
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