ES Journal - 2013

reduced ,trans ,spx broke out,dow did nt reach res,trans making daily new highs, spx 73-63 for 4 days,and all of the ma avgs 20,50,100,150,and 200 daily are all above 70%..and they are shouting bullish from every mountain top
 

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most of the web is looking for 1550, and higher for sp500, lots of euphoria, and many funds positioning long, and looking to position long. I haven't seen any downside targets at all..
 
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