Charts: Trending Instruments

usually markets cascade out of the channel, some important levels to be aware of.

The 1226 region on cash is support. 1180 is the next significant support.

short ###, 1228 stop 1238.... buy stop 1241...
 

Attachments

trendline long signal in ES 240tick

<a href="http://content.screencast.com/media/ac256f8f-e485-4306-aff3-50b20a34ae89_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-084211.jpg"><img src="http://content.screencast.com/media/ac256f8f-e485-4306-aff3-50b20a34ae89_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-084211.jpg" width="1891" height="1051" border="0" /></a>
 
MA secondary signal..confirming buy

<a href="http://content.screencast.com/media/19bc5b56-2ee2-4c39-9a59-bc4f60dc020a_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-090054.jpg"><img src="http://content.screencast.com/media/19bc5b56-2ee2-4c39-9a59-bc4f60dc020a_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-090054.jpg" width="1893" height="1047" border="0" /></a>

notice trendlines give the first signal, and MA's confirm or not.
 
tertiary trendlines break as the intratick trend confirms itself.
<a href="http://content.screencast.com/media/4db3b479-becc-4880-80e5-5fc28816d1d6_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-091525.jpg"><img src="http://content.screencast.com/media/4db3b479-becc-4880-80e5-5fc28816d1d6_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-091525.jpg" width="1889" height="1051" border="0" /></a>
 
trailing stop moved to red line... notice intact healthy trends keep violating lines in the correct direction.

<a href="http://content.screencast.com/media/f715770e-f0a8-4c4f-9873-06b993a5c370_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-092748.jpg"><img src="http://content.screencast.com/media/f715770e-f0a8-4c4f-9873-06b993a5c370_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-092748.jpg" width="1886" height="1046" border="0" /></a>
 
<a href="http://content.screencast.com/media/d4471ae5-2c95-4c02-9caa-be24bcb4eebd_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-114511.jpg"><img src="http://content.screencast.com/media/d4471ae5-2c95-4c02-9caa-be24bcb4eebd_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-114511.jpg" width="1895" height="1027" border="0" /></a>
 
<a href="http://content.screencast.com/media/0fa07ca9-8965-41bb-9b83-50ca68c7b3cf_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-160457.jpg"><img src="http://content.screencast.com/media/0fa07ca9-8965-41bb-9b83-50ca68c7b3cf_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-160457.jpg" width="989" height="630" border="0" /></a>

<a href="http://content.screencast.com/media/c94f4dc1-d9d0-43a2-a88c-35dab22aab36_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-160725.jpg"><img src="http://content.screencast.com/media/c94f4dc1-d9d0-43a2-a88c-35dab22aab36_e4e7210a-d70e-4e9a-b1ea-ac06782ba068_static_0_0_07152008-160725.jpg" width="1228" height="1015" border="0" /></a>

trade together.. most sessions.
 
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