Recent content by sumathik

after 10877 the next resistance will be in 10950 --11020 . was looking for pull back from yesterday's high to around 10650-10700 to get on boat for 11200 by end of dec/early jan. will not short this market untill 11200 or jan 2006 what ever comes first.

hi Joules on the way down 4950 provided good support and then resistance. now we are above that and i use that as pivot for november. above that minimum target 5050(5080) this was another ceiling on the way down as well. indicators still pointing up on the dailies. untill all stochs hit and turn...

good morning i have just statred trading dax for short to medium time frame.(2-5 days to 2 weeks) from the low of 4765 i am expecting a run towards 5080 minimum. and above 4950 buying the dipps to 5280 target by december.

happy birthday gillyB. enjoy your day and the weekend

thanks user. i think every one will be fooled into the market strength and soon we will here the 11000-11300 talk that is where will be looking to go short. 10750 will cap this move i beleive. if not then 10850 under test of the broken trend line etc.

for next few weeks dow will range between 10630(10575)--10750 imo. is it a sensible range before we give up the 10574 to the big slide to 9900minimum.between sept-oct. appreciate all your views thanks

hi slapshot we will have to break and stay below 10340 first. i am short too. hope we will get there before i get stop out @10390 good luck

10220 most likely

hi user since we are trading below 10650 test of 10000-10200 is given imho. but expecting a bounce to test 10550-10600. only a close above 10650 will lead us to 10800. looks like we might trade the 10880--10180 range untill we break either way which should bring 11400 /9600.

and if we reach there it will be a good place to long for the final ride to 11400 within 3 months imho

market is taking you in that direction now. we have come off 50point within minutes.

dow will see 11388 this year. but will close below (10868-10950)this year.

now that every one is expecting the 11000 mark is'nt it obvious the market can turn down and trap the late bulls above 10950. for me 11021 is the next stop but 10950 will be a good resistance to get through. 11388 we will some time this year. trading range will be 10100---11400.

what a run we passed the 10813 now all the way to 10868 minimum. all the fun has to be without me on boat.

there is a possibility we will touch 10813. miss the dip to 10700 wanted to buy ,left the limit by @10700. cmc turned from 10703. school run ha.