Tuesday, February 27, 2007

Huge Drop in ES Price in Globex Session

There is a huge drop in the ES but really do not know what is the cause of it.

10:18pm Leg 3 of Bull Break is still not done.
11:00pm LEG 1 OF BULL BREAK ON THE LONGER TERM CHART
11:01pm Will not be looking at the market much tonight...just got back from a National Inter-Club squash match & I am tired! Probably be observing the market action by the sidelines.
11:46pm The Leg 1 of Bull Break on the Swing Chart (Longer Term Chart) does not bode well for the Bull Trend. This is the first Leg 1 (on the Swing Chart) after more than 6 mths - possibly even longer as I do not have the data for the Swing Chart heading so far back...

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