The ES consolidated for a while in the early part of last night's trading session. It managed to break out of this consolidation when it made a higher oscillation high, followed by a higher oscillation low (TREND Chart basis).
One thing to note is that PRICE has not hit PRIME Support (as I originally thought it would, last night)...So let's see if a New High will be printed on the charts tonight.
Tuesday, June 05, 2007
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