S&P Mini-Futures: 4-24-07

S&P Mini Futures: There is NO trade for the futures today. Please see chart below. The Kijun Sen is moving towards the Tenkan Sen which is flat. Currently, our sentiment is bullish. However, the sentiment may change soon if the Kijun Sen/Tenkan Sen crossover occurs. A “doji” formed yesterday but the volume was still bullish and healthy. Therefore, we have contradicting information which tells us to hold.
Since we have a bullish sentiment, we have put a entry (plus a buffer) above the 4-23-07 high. No bearish entry will be used at this time until something tells us we are now in a bearish sentiment.
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