From ES post earlier this morning...
For the bulls to work out of this present setup it will take a jam up and through 1332 to flip all trends back up. 1310-1332 is a fairly narrow window for the trend reversal lines to be bunched--so not out of the question to see a shock and awe follow-through jam that could get things pointed back north and leave crash bears dissapointed again. Not predicting that (I don't do predictions) but just pointing out the possibility.
They tagged the IT line at ES 1318 on the first push. now let's see if they have enough juice to get this over the top.
>1332 and all trends will be back up.
Ya gotta love these guys, though. That was masterful work buying off a retest of broken resistance at 1284.
ES numbers...
LT trend is up > 1284
IT trend is up > 1318
ST trend is down <1332
VST trend is up > 1312
ES
Started by
swinger
, Mar 13 2008 01:09 PM
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