ES

What has been working

The shorter hold times have served well the last few weeks. I didn't have time to update my position page yesterday, as I was in and out many times throughout the day. The only items traded are the same I've mentioned repeatedly...

A Possible Market Bottom?

Is there a possible short term market bottom forming? Perhaps the McClellan indicator may have some answers.

Vested Interest: 
SPY, IWM

Emini S&P-26 Aug 2008

 

In the 120-minute chart prices are retesting the previous low while printing a positive divergence of MACD. The short term trend using the force index is positive. Resistance at 1275.75-

Vested Interest: 
I do not own this contract
Stock Symbol: ES ENERGYSOLUTIONS I Stock Price: $3.71 Todays Change: +0.16 (+4.51%)