Thursday, March 30, 2006

20060330 Umpteenth day of gains, would still look for 'turtle soup' setup to short a break o the high made 4 days ago. Posted by Picasa

Wednesday, March 29, 2006

20060330 11am. Zooming in on the 5 min SPI. Posted by Picasa

20060329 SPI continues northwards into record territory Posted by Picasa

Tuesday, March 28, 2006

20060328 SPI consolidates all time highs, as profit taking dominates after the spurt on the M&A news 2 days ago. Posted by Picasa

Sunday, March 26, 2006



20060327 Some major M&A news drives the Australian ASX market today.

  1. Australian Stock Exchange announce merger withSydney futures Exchange valuing it at US1.6bn.

  2. Lotteries business Tattersall's and gaming and wagering business UNiTAB have announced plans to merge and form a company with over $3 billion of revenue.

Saturday, March 25, 2006

20060324 SPI ASX 200 holds above 5000, but forms a doji pattern, which is a sign of uncertainty Posted by Picasa

Thursday, March 23, 2006

2000323 S&P ASX 200 SPI reaches out for all time high. Might get setup for turtle soup reversal. Posted by Picasa

Wednesday, March 22, 2006

20060323 SPI 5 min chart Posted by Picasa

Friday, March 17, 2006

20060317 S&P ASX 200 SPI futures Posted by Picasa

Thursday, March 16, 2006

20060316 Another all time high. Be wary of turtle soup reversal possibility. Posted by Picasa

Wednesday, March 15, 2006

20060315 SPI ASX 200 futures. Posted by Picasa

Tuesday, March 14, 2006

20060314 Daily S&P ASX 200 SPI chart. The big white candlestick shows the buying that hit the market yesterday, on they buyout of Myer arm of Coles Myer, AUD400m above analysts estimated value Posted by Picasa

Friday, March 10, 2006

20060310 SPI daily chart update on the day US NFP data released. Posted by Picasa

Thursday, March 09, 2006

20060309 SPI rebounds, now might range trade. Posted by Picasa

Wednesday, March 08, 2006

20060308 Holds the moving average, could be a run up from here. Posted by Picasa

Tuesday, March 07, 2006

20060307 As expected, the break of 4870 proved catalyst for a run down. Posted by Picasa

Monday, March 06, 2006

20060306 Closing below 4870 would be a bearish sign. Posted by Picasa

Friday, March 03, 2006

20060303 Possible 123 reversal pattern. Intraday charts show 4870 as the trigger price for short trade. Posted by Picasa

Wednesday, March 01, 2006

20060302 SPI. Posted by Picasa