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;

Wednesday, September 23, 2009

Daily Review 2009-09-23

Details: 2009-09-23 After mkt closed

1. $SSEC Daily:

Line F penetration, bull channel B &F is gone... This is a LL.LH follow through red bar, next support at 200 ema near 2768 for tonight, then, the previous low at 2639. Watch for another downward gap to be formed tonight due to the weakness in US market today.



2. $WTIC Daily:

A decisive line P penetration big LL.Lh red bar, Triangle P&N break down happened, as well as a H&S break down, next support at line K. Weak support at 100/200 ema.



3. DJI Daily:

A&B: a magic expanding triangle, this is another touch at line B in a week, volume up red shooting star, BeE candle. A LL.LH follow through is required...



4. COMPQ Daily:

Volume up BeE bar, shooting candle, support at S for tmr.


5. SPX Daily:

Volume up BeE bar, shooting candle, support at C, resistance at E for tmr.



6. TLT Daily:

Volume up BuE hammer, triangle C&D break out to the upside, resistance at B for tmr.
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