ES Journal - 2012

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Quote from Lawrence Chan:

Am bearish because 70-75 is the MM target from the start of this rally since last year.

that implies funds went long last year will quit US stock mkt and go for something else from here.
 
Quote from JoshDance:

the opportunity for 73/74 is gone, IMO.
The price action is neutral at the moment in my opinion. Need to break 1373/74 or 1364/63 to have a directional move. In between is just noise.
 
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