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Wednesday, October 29, 2008

Merely a Pullback?

My ES SWING Chart above...
Nothing from the above chart suggests that the market is done going down. It just points to a temporary bottom, in which PRICE is now heading back up to challenge last PRIME Resistance at 992.50. Another PPF, or failure at Resistance would merely reinforce the Bear TREND, the SWING Chart is currently in.

2 Comments:

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At 8:01 AM, Blogger gerimegaly said...

Thx Michelle but I believe I tried to sign up as one of your affiliates when I first started this blog in Oct 2006, but I was duly rejected.

 

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