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In the daily chart, the ES is right in between the 50 and 61% ret, from the previous H - L ( 1194.00 H. - 1123.50 L. ) There's a down trend line acting as resistance that will cross tomorrow right about 1180 or so. 1180 is 78% ret from previous daily. H-L. So there's a lot resistance in the...

In the daily chart, the ES is right in between the 50 and 61% ret, from the previous H - L ( 1194.00 H. - 1123.50 L. ) There's a down trend line acting as resistance that will cross tomorrow right about 1180 or so. 1180 is also a 78% ret from previous H-L. So there's a lot resistance in the...

Agree. I use stochastics to enter a trade and Macd for trending. It's interesting how the mind sees and recalls past formations and applies it to the current visual, projecting a possible outcome........trust is the key word here and obviously use caution, always. :cool: