Emini S&P 500 expectations.

There is a war to break that 2824 resistance area. It is strong indeed. Let me tell you this is key. It is a triple top made during 3 months, long term resistance. It is also a pivotal area that could define a new bear market if it is not broken and the market begins to trend to the downside. I know it is hard to believe but take a look at the ES monthly chart. In the other hand if it is broken it will spark a flame to the upside.

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malaspina said:
There is a war to break that 2824 resistance area. It is strong indeed. Let me tell you this is key. It is a triple top made during 3 months, long term resistance. It is also a pivotal area that could define a new bear market if it is not broken and the market begins to trend to the downside. I know it is hard to believe but take a look at the ES monthly chart. In the other hand if it is broken it will spark a flame to the upside.

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%% Strong FEB, SPY; why?? Average FEB is oo.-01%.[Hirsch; Stock Traders Almanac] .NOT a prediction or likely it' s bear, with the strong earnings+200 dma $275 area. But if cash/SPY closes below 200dma/$275 or $274.99,LOL=look out below, bear below.:D:D,:cool::cool::cool::cool::cool::cool::cool:
 
What a war. Will the bulls have enough stomach to swallow all that bears are offering ? Only time will tell, but that is the situation right now. If it happens it will be an explosion to the upside. Be ready.

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Will it break ?, ES already reached the area we were waiting for...
 

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This is a SUPER WALL (2824 resistance level). Today market made a huge retracement off 2818 price level. Well, we will see. This is not over yet. Support level 2762 resisted the bears attack. Only time will tell.

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