Saturday, March 17, 2007

Another Flat Close On The ES

On a Swing Basis, PRICE made a Lower PRIME Resistance High at 1409.75 (It made a Higher PRIME Support Low at 1375.25 on Wed's Reversal Day) - Being PRIME PPFs of Support & Resistance, we are in serious CONSOLIDATION. We need to have a Breach of either Support or Resistance, to break out of this consolidation. Will it be a Bullish or Bearish Break? Stay tuned...

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