ES Journal Archive (2009 - 2010)

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If 1032.5 does not offer support (which I think it will temporarily) then 1014 is the next stop.

We may see a sharp move to 1052 area from the 1032 area (or the 1014)...either way, we will return to 1052 short-term.

I am using guides not trade signals to speak about this move up from 1032/1014...as I see signals on larger time-frames fire off I will post some as I did a few minutes ago.

EDIT: If the market reaches 1052 here in the next hour I would start looking for reasons to go short from your trading tools...
 
Quote from volente_00:

Myabe I am crazy but I think we see a
3 month grind from 1020 - 40 to 1135 - 1150 to make the H&S.

I don't know you but you don't sound crazy :)

It is going to take an awful lot of power to move the markets above the 5-6-10 highs for very long...
 
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