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 21, 2009

Daily Review 2009-09-21

1. $SSEC Daily:

LL.LH Green hammer, so, Friday's Rising wedge break down BeE bar got a bearish confirmation; weather itself is a bottom out hammer or a South Pointer requires another confirmation from tonight.



2. $WTIC Daily:

LL.LH big red bar, from N to P, this is 3rd failure at line T1 in Sept. if line P lost, then, next support line at K.



3. $USD Daily:

HH.HL green, 2WS, currently in no resistance zone until R2.



4. $GOLD Daily:

LL.LH red hammer, or South Pointer, 3BC, Green rising wedge broke down. Next support at R1, S1.



5. SPX Daily:

LL.LH, Low volume red hammer, closed below W and E, next support at C, so, possible South Pointer, and 3 crows in place??



6. VIX Daily:

HH.HL Black bar, no gap open, 2nd penetration to line Y, closed above U, resistance at Y and support at U for tomorrow. Between Y and X is a no resistance zone.

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