Thursday, January 17, 2008

ES TREND Chart: Leg 2 of Bear Break in Progress

10:09pm PRICE has made a PRIME Higher Low (1369.00 - during Globex) and the third Leg is now needed to give us a change in the Bear TREND. PRICE must breach last night's session high of 1397.25, for Leg 3 of Bear Break.
11:19pm Leg 2 failed. PRICE has gone lower, thus invalidating Leg 1 of Bear Break.

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