SP500 Future (ES) Charts (03/18/14)

1.  If you have been listening to my daily nonsense you would have noticed that  daily close only have 2 days (Last Thursday and Friday) under pinky and ES has since closed above pinky.  This is a good sign and the bullish trend has not been violated based on this simple rule.  Today's close is above the 57.5 level and hence daily is range action with bullish bias.  Pinky continues to flatten and rainbow is contracting.  Momentum starts rising again while FVO and SYNC orange remain in bullish mode. 

2.  3-Hour made a dramatic comeback and pinky crossed thick blue and price action is above the thick orange (near 54).  This is a rather bullish posture and as long as bulls can defend the 54 level the ST direction is up.  Indicators for 3-hour are all bullish.

3.  Levels:  no change see yesterday's list.


Daily


3-Hour

[我欲因之]

waiting for your notes....thanks.

[Ophelia]

thanks!!!