Wednesday, September 17, 2008

ES SWING Chart: Bear TREND. PRICE Now Heading Back Up to Challenge PRIME Resistance

My ES SWING Chart above...
Other than the ES POSITION Chart having created new PRIME Support, nothing has changed, even with last night's pullback in PRICE. The Bear TREND has been established and for now, PRICE is merely retracing its steps to challenge last PRIME Resistance. Expectation of course, is for PRICE to create a PRIME Lower High.

No comments: