Chart Abbreviations:

3BC: 3 Black Crows; 3WS: 3 White Soldiers; BeC: Bear Channel; BeE: Bearish Engulfing; BTC: Buy To Close; BTO: Buy To Open; BuC: Bull Channel; BuE: Bullish Engulfing; DCC: Dark Cloud Cover; EnP: Entry Point; ExP: Exit Point; FW: Falling Wedge; HL: Higher Low; HH: Higher High; HM: Hanging Man; IR: Island Reversal; LBB: Lower Bollinger Band; LL: Lower Low; LH: Lower High; LPP: Lock Profit Point; MBB: Middle Bollinger Band; NABOP: Not A Bottom Out Pattern; NATOP: Not A Top Out Pattern; R: Resistance Line; RW: Rising Wedge; S: Support Line; SLO: Stop limit Order; SMO: Stop Market Order; STC: Sell To Close; STO: Sell To Open; T: Target; TSO: Trailing Stop Order; UBB: upper Bollinger Band;

Monday, September 14, 2009

Daily Review 2009-09-14

1. $SSEC Daily:

Closed above line B, Gap not fully filled, Rising wedge still valid here, only fractional above line B doesn't mean anything, break out requires confirmation.


2. DJI Daily:

LL.LH green hammer (hanging man or South Pointer), so, Friday's doji got a bearish confirmation today... and today's candle requires another bearish confirmation tomorrow to be read as a South Pointer or a bottom out hammer.


3. COMPQ Daily:

OK, this candle is a BuE bar with thin volume, here we have Expanding triangle A&B break out to the upside, and Rising wedge P&C break down to the downside...


4. SPX Daily:

BuE green bar, bullish confirmation to the doji from Friday, pink rising wedge break down happened, line C penetrated. Resistance S1', support S3.



5.TLT Daily:

LL.LH, red inverted hammer a back test at K and B, volume cut into half...


6. VIX Daily:

HH.HL red bar, Friday piercing pattern got a bullish confirmation.


7. $WTIC Daily:

LL.LH bottom doji, this is a bearish confirmation to the BeE bar from Friday, 50 ema penetration happened.

Posted by at

2 comments:

Subscribe to: Post Comments (Atom)