Make love with Market 坐爱大盘 2012-5-7

Since we are organizing the new blogs, this trading1678.blogspot.com will be used as an open one, and members will be using the trading1678member.blogspot.com one, and trading1678vip.blogspot.com will be used for student tutoring, it would have caused some confusion if you used link to read my posts. Thus, I re-post the new market view here, and we will later edit the face pages of the blogs! Thanks for your patience!

original post is here, and real time updates will be there too, the blogs will be open til we finish the organiztion work! thanks!
http://trading1678member.blogspot.com/2012/05/make-love-with-market-2012-5-7.html

hi, everyone,

to prepare for the new weekend, here I post a chart of ES daily. It is pretty clear about the current situation. For the sake of protecting my TA secrets, I don't want to post other charts, but this one can serve well enough for the trend judging.

we will see tonight how futures go first, and what would the French election affect the market. Stay tuned.

Notes:

1. For those who cannot read Chinese, it is fine to ignore the Chinese part, I will write my market view in English from now on, and the occasionally Chinese words won't affect your reading.)

2. I will post updates by adding comments after each day's main topic, unless it is needed to open a separate update post.

3. I opened 3 related blogs here,


a) public blog: trading1678.blogspot.com (一流齐发): this one is open to everyone and is being used to publish open info (our contact info and service areas) and occasionally demonstration.


b) paid members: trading1678member.blogspot.com (黄道吉日): this one is specifically for paid members, ($100/mon).

refer to these links:
http://trading1678member.blogspot.com/2012/05/blog-post_05.html
http://trading1678member.blogspot.com/2012/05/three-ways-of-service.html
http://trading1678member.blogspot.com/2012/05/blog-post_5181.html

or consult my assistant Cathy: trading1678@yahoo.com

this blog will be open to paid members only after the formatting work is done.

c) vip (students/tutoring): trading1678vip.blogspot.com (吉星高照) : this one is specifically dedicated to tutoring my students.
refer to this link: http://trading1678member.blogspot.com/2012/05/blog-post_4927.html
or consult me personally: boy-on-train@hotmail.com







ES futures day chart 期指日线图

















是三尖男底,还是女腚朝天,自己撅腚吧。。。



my market view right now is:

overall trend is down, first target area is 1340-1310, 2nd target area is 1300-1280.

If a rebound first, to 1380 area (1375-1390, max allow 1395); if stops there and shows down sign plus other factors, it would be a nice short zone.

good luck, friends!