ES Journal Archive (2006 - 2008)

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We'll probably need to revisit 1180 before any significant upside. There should be a large breakout or breakdown in the next day or two. I do not exactly know which direction right now. I remain long term bearish.

--Most likely it would be a breakdown---
 
boys, I do not remember prior when was 1 min CCI during one hour bellow 0. Not much enthusiasm for longs.
Just they are keeping euro, crude and gold al low as poossible.
 
If 1180 is not hit, then 1201 would need to be hit before I will start looking long. If 1180 is hit, then I will watch carefully but be bearish initially.
 
Quote from Buy1Sell2:

We'll probably need to revisit 1180 before any significant upside. There should be a large breakout or breakdown in the next day or two. I do not exactly know which direction right now. I remain long term bearish.

--Most likely it would be a breakdown---

1180 is a key area, for a couple of reasons.

For once, we agree.:p
 
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