Friday, September 05, 2008

ES POSITION Chart: Heading for a New PRIME Lower Low?

My ES POSITION Chart above...
Judging from the PRICE action since Tues, it sure looks inevitable that a New PRIME Support will be created pretty soon. That would simply be in line with the current Bear Market activity we have been witnessing for the last 2 months, after confirming the Bear TREND, on the POSITION Chart.

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