Monday, December 03, 2007

TREND Chart: A Bull TREND, until PRICE Fails

My ES TREND Chart above...
I was in Penang, Malaysia last Thurs (till Sunday) for my Social Club's Yearly Inter-Club Games. Didn't manage to update the blog on Thurs morning but I did see the market jump on Wednesday night. PRICE needs to clear 1496.75 as that is the last PRIME Resistance on the SWING Chart. If not, PRICE would merely be making a Lower PRIME High, further reinforcing the Bear TREND, on the SWING Chart.

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