Thursday, 17 December 2009

15min trend


Hi Everybody,

OK, let’s start with the 15m min “larger degree” trend on the US markets yesterday. The clearest picture was on the 15min ES as it hit DP resistance and then started to decline, This set the trend to down for the rest of the day.

As usual, with the larger degree trend down,. We should be focusing on sell setups on the short-term 3 and 5min Charts

Thanks, Steve