T-1000

T-1000

Right shoulder is still holding up on the weekly. Price is respecting the neckline, stoch is oversold, we can see a pullback to the mid 40's. Price range 12points spread between H&L of right shoulder, this pattern can play out a while longer now that we're moving into the 4th quarter. Neutral/Bearish

T-1000

Waiting for this right shoulder to play out. If we break below 40 it will signal a major bullish pattern failure of the reverse H&S. 42-39.50 the critical area to watch.

T-1000

Last months doji formation sets up a technical pullback. Looking for targets around 2100 before a possible leg up higher.

T-1000 Updated 

Weekly reverse H&S forming.. Keep an eye on the 49 level.

T-1000

Looking at a technical retracement. 1st target 131

T-1000

Looking at a short term bounce here to the 44 level. Longer term is still looks bearish.

T-1000

Good area for a short term bounce up to the 44 level. Longer term outlook is still bearish in the interim

T-1000

We hit the monthly 20MA. Stocastics still trending upward. Taking some chips off the table. Expect price to stagger in the 48-55 range below the 200MA. Remaining position is neutral to slightly bullish in the interim. Still bearish in the longer term projection.

T-1000 Updated 

4/12 was first time we closed above the 200ma on the daily since 7/2014. Looking for a retest of the 20ma for before a breakout higher to $43/45 NOTE: longer term projection on oil is bearish.

T-1000

Last months doji candle kissed a nice base level of 25.50. Stoch is setup for a long as well. all is clear for takeoff up to the 200 MA. First stop... 20 MA

T-1000

ES is continues to flag out pattern on the daily chart as we continue on the short side to the first rebound point at the 50ma monthly.

T-1000

Keeping an eye on the weekly doji candle for a trend reversal area. Also coincides with the 200 MA on the daily.

T-1000

MACD bearish divergence and overbought STOCH setting up. Will be looking for short term bearish trades to a retest of the trendline.

T-1000

Head and shoulders possible neckline break for short targets around 42.50

T-1000

If bears can keep below 1700 we can see right shoulder form for a push back down to 1575 level

T-1000

Bullish engulfing pattern shows bulls were in control to the upside until the powers that be hit the market with a news curveball. Looking for shorts unless we see prices rising above 1670 again. (CHART CORRECTION: "Bullish engulfing" not "Bearish")

T-1000

Looking to see if we retest the trendline for a long

T-1000

A break of treandline look for short to first target 1550.00