Wednesday, November 02, 2005

20051102 1) EMA levels 1578 1581.50 1583 2) Consolidation trade into previous day close 3) Opening 30 min range 1577-1589.50. With 2 of the 3 elements of the setup present and the top of the range coinciding with the Inside Day high yesterday, trade was to long the upside breakout, T1 and T2 met. Posted by Picasa

NQ daily chart

20051102 NQ breaks out of a symmetrical triangle consolidation. Should be trending upwards, looking for pullbacks to long. Posted by Picasa

NQ daily chart

Tuesday, November 01, 2005

20051031 1) EMA levels 1558.50 1559 1564 2) Consoldation trade into previous day close 3) Opening 30 min range 1567-1575. Trade was to ong the upside breakout, but did not manage to reach T1 or T2 due to big gap up on the opening. Posted by Picasa

NQ daily chart