Tuesday, March 11, 2008

Bearishness Abound!

My ES SWING Chart above...
PRICE continued to trade lower in last night's trading session. With the TREND Chart making PRIME Lower Lows and PRIME Lower Highs, it is clear that this Leg 3 of Bull Break is still not done. Will 1255.50 be completely demolished? In any case, a bottom here would merely signal that PRICE is heading back up to challenge last PRIME Resistance 1345.00, on the SWING Chart and expectations here would be for PRICE to create a Lower High. Stay tuned, folks...

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