Tuesday, April 01, 2008

ES POSITION Chart: PRICE is now at PRIME Resistance - Leg 2 of Bull Break?

My ES POSITION Chart above...
If PRICE starts to fail here at Resistance, it will mean that PRICE will head back down to challenge last PRIME Support at 1253.00, created on the 16th of March. Breaching that Support level would also mean a completed 3 Legged Bull Break, and thus changing the TREND to BEAR. Will we see that happening? Keep a look out on PRICE, on the TREND, and SWING Charts, for the answer...

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