20050531 Daily downtrend continues, should be watching the downtrend line DTL carefully. 

20050530 Down TL is still intact, short signal still in play after hook from extreme signaed the esing of oversold conditions. 

20050527 Hook from extremes shows oversod condition. Watch TLB to cover shorts and possibe long position for the bounce. 

20050526 Daily shows cci at extreme, an oversod condition that may point to a technical rebound. 

20050525 A rare event, a trend day with no retrcement, following from the shamu of this morning's earlier post. 

20050525 CCI went below zero. Pattern is shamu short signal, momentum to downside to reverse the uptrend now. 

20050520 34 tick chart on intraday basis is on downtrend though. 

20050520 CCI turned down, which is actually an exit signal for the buy signal High for the day was 887.5. Lacklustre volume means the it is worth holding to the long position and wait to see what happens on Monday. The hook in the CCI though provided an opportunity to put in a trendline, a hook up above this TL will be an add on signal to the existing long position 

20050516 Similarly with daily chart, showing buy signal ZLR, follows on from the chart posted 2005056>uptrend>looking for long signal. 

20050519 Intraday trend shifts to uptrend, with cci above zero for 6 or more bars, actually showing buy signal with ZLR. 

20050518 Further downside today. 

20050517 

20050516 34 tick chart 

20050516 FKLI is in consolidation mode of daily uptrend. Looking for long signals like ZLR to take us into the trend 

2005053 34 tick chart-on intrday downtrend. 

20050513 Daily chart 

20050512 Despite the gap down nd the lethargic trading today on low volume, the uptrend on an intrday basis is still intact unless the 885 level is taken out, so still looking for long signals, which the small upmove in the CCI suggest, could be a good buy signal right at close today 894. 

20050511 The intraday downtrend continued for most of the day until late in the day, where a news item on the Chinese Yuan FX regime change hit the market, resulting in the spike. Now the intraday trend turns to uptrends, looking for long signals now. 

20050510 With the CCI going beow zero, the intraday pattern looks like turning to downtrend, so we should look for short triggers. 

20050509 Ater the grind for the whole day tody, the shamu buy signal yielded some profit at the close today. Patience is one thing a trader has to learn. 

20050506 Shamu near end of day indicates buy signal 

20050505 Intraday trend is now down, since lst swing low taken out at 892, so should be loking for shorts, which currently is on a ZLR short signal right at the close today 892. See how this plays out. Key level to negate downtrend is 895 breach. 

20050505 9:03am The shmu buy on the cash chart turned out to be a good one. 

20050503 FKLI still in strong trend that has risen from the low made 2 weeks ago of 849. The shamu buy signal on the Cash daily chart played out well in the FKLI today, with the May futures contract gapping up on the open 875.5 and closing near the highs at 886, a classic trend day where retracements were shallow. Looks good for further upside tests unless key levels of 876, which is R2 for today, is broken on downside.