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Thursday, November 13, 2008

ES POSITION Chart: PRICE is Challenging Last PRIME Support at 825.00

My ES POSITION Chart above...
There's no stopping this Bear. At the rate the market is going, be prepared to see 825.00 on the ES, challenged any time soon.

"PRICE will continue to move in the direction it is going...until it fails"

Words spoken by my Mentor, and which till today, continues to stick like glue, in my mind, whenever I trade.
At the moment, "A Beary Christmas" seems more appropriate, in the current mood of things.

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