ES Journal Archive (2006 - 2008)

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ES approaching significant resistance at 1322-1327 and up to 1335 with bearish histo divergence... 50% retrace, a major wave projection, a couple external retraces, a gapfill, and a DPTL. At some point there WILL be another trip down to test the low 1200's... whether we break them or not, I could only have suspicions at this point.
 

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weekly hi's 7/07/08 and7/21/08 hit res at 1311,we were there today,monthly 10/1 87 and 6/2/08 brings next res at 1359-61. on the uso the weekly starting7/14/08 and 8/04 08 the supp line is 89.15,we could hit that on the opening,todays rally smelled of fish
 
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