FuturesBlog.com – Emini and Futures Market Analysis by Chuck Kowalski

The S&P’s Endless Pursuit For A Direction

Posted on July 22, 2010 by Chuck KowalskiNo Comments

This summer has been riddled with false breakouts and frustration, which is very apparent for trend traders.  The question is whether this consolidation trading will continue throughout the summer or will we see a legitimate breakout soon?

The main point of focus when reading the charts starts with the reversal in early July after breaking major Read More…

The Market Wants To Go Higher – But Will It?

Posted on July 15, 2010 by Chuck KowalskiNo Comments

The market broke the lows of the last two days and it looked like we would have a nice reversal from the down trendline resistance.  We should have seen some good follow-through to the downside, but the market bounced back. 
 
The lows for the day were put in before 10:30 EST and the market rallied in Read More…

Technical Setup In E-Mini

Posted on July 8, 2010 by Chuck KowalskiNo Comments

In my last couple articles I mentioned the ultimate move in this market may only come before the technical picture morphs into one confusing move after another.  Ultimately there will be a strong move in one direction, but which direction is the question on many traders’ minds.

The current technical setup has a spike bottom after Read More…

Turnaround or Breakdown Coming in the Markets?

Posted on July 1, 2010 by Chuck KowalskiNo Comments

The markets were able to rebound on Thursday, even though the technical picture is very negative.  The market put in somewhat of a spike bottom and it may try to test resistance around 1035-1040. 

The market has been notorious for breaking a major support level and then rebounding very quickly.  These types of setups have marked Read More…