Sunday, January 3, 2010

Hang On!


Pretty big drop Thursday.....


Well, maybe not THAT big....


Daily looks OK for more upside......


Sell signal on the Weekly....

Monthly is forecasting the end of the rally...


But the 60 minute looks like its holding the trend.....
What does all this mean? It means we've got some big volatility coming our way. And that's good if you know how to read buying and selling pressure.
We will see nice 10 and 20 point runs... probably back and forth. I don't know now but I will know when it's showtime.
WARNING: Futures trading involves risk and you can lose all of your money and more. Consult your financial adwisor before trading futures to determine if futures trading is appropriate for your situation.



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