SPY 5 Minutes chart

• SPY 5 Minutes chart is showing a triangle formation.
• Breakout or breakdown should take out levels mentioned in the chart for bigger movements to happen.
• Breakdown level is 132.67 and resistance level is at 133.63

ES Bounces from 200 HMA

• ES Hour chart with 200 Hour moving average.
• Dip in price took support exactly at 200 Hour moving average.
• So Bears must break this moving average on closing basis for changing the trend.

GOOGLE Stuck between moving averages

• Google daily chart with 50 and 200 day moving averages. Price seems to be moving withing these two moving averages. So a bigger move will happen once this range gets broken.
• Next daily chart shows a descending triangle kind of pattern. One should look for a breakout from this pattern and confirm it with a break above 50 or below 200 to enter a positional trade.
• Today is the first birthday for my Blog: CLICK HERE TO SEE THE BIRTHDAY POST

ES Hour chart analysis

• ES Hour chart is moving in a sideways channel.
• Price in hour chart is still above 200 Hour moving average which favors bulls.
• Today is the Birthday of my blog: CLICK HERE TO SEE THE BIRTHDAY POST

1st Birthday of my blog

  

• I started this blog on April 7 2010 (MY FIRST POST). 
• I was a frequent visitor to JUST NIFTY and liked Masters Dedication and Knowledge of the Market which inspired me to start my blog.
• I have to Thank Ilango Sir for being the first one to comment on my blog, Which inspired me then to continue, and sometimes when my traffic goes down i use to visit my first post which gives me strength to go on. Thank you sir.
  
• Thanks to all JN Friends for the support. 
• Thanks to all my Blog partners. Special thanks to Tim Knight of Slope of Hope and Red Drago Leo.

UPDATED CHART

• 5870 Looks like an important level for bulls and bears.