Thursday, February 14, 2008

ES SWING Chart: PRICE Continues to Climb Higher, to Challenge Last PRIME Resistance at 1400.00

My ES SWING Chart above...
PRICE continued to trudge higher in last night's trading session, with hardly any signs of it failing. With the POSITION Chart still firmly pointing up, I suspect this upmove will continue unabated, with a Breaching of Resistance at 1400.00, thus invalidating the Leg 1 of BULL BREAK set last week. Let's just keep this possibility in mind, shall we?

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