PoP!

It felt like a big pop today but we're still in a squeeze on the monthly chart.

The weekly looks encouraging with support holding.

The daily looks like a viagra advertisement.

The 480 minute was not much help in navigating but it's clear we've broken above a downward trendline.

Ditto the 360.

The 60 minute was confirming a "buy" at 8:15 AM.

And the 20 minute kept our heads in the right direction with a big HMH.
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This series of side-by-side charts below is a good example of using cross confirmation to have confidence in your decisions.

Look closely at each chart and you'll see some FRO formations that - on their own - you may not have felt comfortable unleashing your margin account on. But there were formations on the other charts that you could clearly see as good clean signals.

Open

Close

Open

Close

Open

Close

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And I'm using the 3000 tick views below to illustrate possible trades.

45 points @ $50 = $2,250 per contract.

Warning!
Futures Trading Disclaimer: Trading futures and options involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. Only risk capital should be used when trading futures or options. Investors could lose more than their initial investment. Past results are not necessarily indicative of future results. The risk of loss in trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.