Wednesday, October 15, 2008
ES SWING Chart: Possible Back Door Bear Break
My ES SWING Chart above...
With the ES POSITION Chart still heading back up to challenge last PRIME Resistance, the expection is then for the SWING Chart to head back up to challenge yesterday's session high of 1067.00. Breaching this Resistance, on the SWING Chart, would thus give us Leg 1 of Back Door Bear Break. Watch for PRICE Action on the TRADING & SWING Chart, to detemine your LONG entry.