Tuesday, July 15, 2014

YMU4 - Dow - E- mini - Tuesday - 15th July

News: There is not important news today.

Pre-Market expectation:  In the early section upward movement to new local high.

Remark: I will work until 14.00.

9:46

Gap and upward movement, new high, as expected. :)
In a certain timeframe, this is a last wave, target cca. 150 point (Dow!) up to the high from yesterday low (cca. 16981 in YMU4).

10:39

The high is in, I think correction started. I was too optimistic with the 150 points. There is a parallel channel, ZZ could go up.


I have to go, I will back 2 pm.

10:45

Yellen speach...

14:40


2 comments:

  1. Hi,
    Im too busy but this is my chart from yesterday.
    http://kepfeltoltes.hu/140715/dowmini4_www.kepfeltoltes.hu_.jpg

    Currently its bullish above 16888, i suspect its in wave 4 now.(nice divergence on 1h' chart)
    The most important is a bull/bear line to me (16888)

    ReplyDelete
  2. I have just arrived az home. Too late...

    It is not enough time to feel the rhythm of the market.

    ReplyDelete