Tuesday, April 29, 2008

ES SWING Chart: PRICE Still On A Uptrend...But Watch For A Potential Bull Break

My ES SWING Chart above...
As the distance (in terms of points) between PRIME Support & PRIME Resistance lessens, one can't help but prepare for a possible change in TREND. This is because any lousy data released can easily trigger a down move that can take out last PRIME Support, which currently stands at 1368.00. It really doesn't hurt to bear this in mind...

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