Saturday, January 05, 2008

Signs of a Market Top, are Beginning to Show...

My ES Position Chart above...
With yesterday's trading session ending with a big plunge in the PRICE of the ES, we are now hanging precariously closed to the last PRIME Resistance of 1406.25. And with no signs of the direction of PRICE failing as yet, do expect Leg 1 of the Back Door Bull Break to happen sometime next week.

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