Tuesday, February 12, 2008

ES Position Chart: Still In Leg 1 of Back Door Bull Break

My ES Position Chart above...
For those of you trading the ES on a longer time frame, the last few days have been rather unexciting, so to speak. You can see that PRICE is still trying to find Support, before heading back up to challenge last PRIME Resistance at 1526.75. A good indication that, that is happening, is when PRICE breaches 1400.00, on the upside.

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