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Market commentary for 10/15/2007 Good day! The bulls are still alive!!! Friday’s action brought more strength then was expected, but that was not unusual. For me, as a trader, it is very important to read risk on the charts and despite the surprise I had with Friday’s strength, we...

Market commentary for 10/12/2007 Good day! Has the market reached its' top? On Thursday we saw the reaction that we have been expecting for several days, a strong reversal. The buying pace was weak and choppy with light volume over the last few days, and consequently the move was suspect...

Market commentary for 10/11/2007 Good day! Wednesday's chop fest is behind us. We saw another day with strong divergences. On the 60 min charts, we can clearly see Wednesday's action. The DIA was weak all day and lost all of Tuesday's gains, and after strong selling pressure met support at...

Market commentary for 10/10/2007 Good day! The market continued its climb up. The day started with a small gap up, which we expected to fill in the morning. After that the indices went back to the area they opened at and stayed in a range until the 14:00 pm EST FOMC minutes. During that...

Watch ideas: 10/08/2007 Long: http://www.ivicacharts.com/diagrams/2007/10082007ful.jpg Short: http://www.ivicacharts.com/diagrams/2007/10082007lcav.jpg Ivica Juracic

Watch ideas: 10/08/2007 Long: http://www.ivicacharts.com/diagrams/2007/10082007ful.jpg Short: http://www.ivicacharts.com/diagrams/2007/10082007lcav.jpg Ivica Juracic

Market commentary for 10/08/2007 Good day! NR7= high possibility for a trend day. That is exactly what we saw on Friday. With the pre-market news, the indices gapped up. The SPY and the QQQQ opened at their daily high resistance areas, while the DIA was the weakest and opened between the...

Market commentary for 10/05/2007 Good day! The consolidation continued on Thursday. The SPY and the DIA formed NR7 bars (narrowest bar in last seven days). There is not much to tell about Thursday's action because if we look at the table above the intraday action produced this very narrow...

Market commentary for 10/04/2007 Good day! The correction from highs continued. Wednesday's session started flat and without much change at the open. There is not much to say because the correction from Tuesday continued into Wednesday. We can easily see that on the 60 min charts. The DIA...

Market commentary for 10/03/2007 Good day! The consolidation day is behind us. As expected, after the strong rally on Monday, Tuesday brought a correction and rest. This is the usual action we would expect after a run like we had on Monday. Nothing goes up or down without rest. The day...

Thank you very much :)

Market commentary for 10/02/2007 Good day! NEW QUARTER, NEW RECORD HIGHS!!! The Dow hit a new record high (14115.51), the COMPX closed at new highs (2740.99) and the S&P 500 came close to its' previous highs. The day started flat near Friday’s close. Right after the open, the Indices...

thanks for info. Now is all ok. Ivica

Watch ideas: 10/01/2007 Long: http://www.ivicacharts.com/diagrams/2007/10012007gww.jpg Short: http://www.ivicacharts.com/diagrams/2007/10012007ccmp.jpg Good luck trading today!!!! Ivica Juracic

Watch ideas: 10/01/2007 Long: http://www.ivicacharts.com/diagrams/2007/10012007gww.jpg Short: http://www.ivicacharts.com/diagrams/2007/10012007ccmp.jpg Good luck trading today!!!! Ivica Juracic

Market commentary for 10/01/2007 Good day! There is not much to say about Friday’s action. It was the last day of the quarter and I didn’t expect any different action then the last few days. On the 60 min charts we can see that all the Indices stayed in their consolidation areas. The...

Thanks Gejza :) Good luck

Thank you very much Keith :)

Market commentary for 09/26/2007 Good day! The QQQQ closed at new highs. On Tuesday, the indices opened with a strong divergence. The SPY and the DIA gapped down, while the QQQQ held Monday's low. The problem with the intraday action was the divergence that continued all day, which we can...

Thank you very much Brandon. Hope others think same.:)