Wednesday, December 19, 2007

Leg 1 of Bear Break on the TREND Chart

My ES TREND Chart above...
11:55pm PRICE has made a PRIME Higher High, on the TREND Chart, thus creating Leg 1 of Bear Break.
12:20am Leg 2 of Bear Break is now in progress. We need to create a PRIME Higher Low, in order for PRICE to head back up, to create a PRIME Higher High.
12:31am This pull back in PRICE looks pretty deep and scary but as long as it stays above yesterday's session low of 1445.75, it is still a valid PRIME Higher Low.

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