ES Journal Archive (2009 - 2010)

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All bearish views at this point can be summarized by the GS daily chart.

Check it out.

Reading with bearish sunglasses will make you think the market is about to tank.

Reading it with bullish mindset will make you think the stock can go up to the moon.

Reading it with pure TA says it is in a mild up channel gunning for 110 to 115. :)

The outcome in GS stock price direction should set the tone for the broad market.
 
Quote from Lawrence Chan:

All bearish views at this point can be summarized by the GS daily chart.

Check it out.

Reading with bearish sunglasses will make you think the market is about to tank.

Reading it with bullish mindset will make you think the stock can go up to the moon.

Reading it with pure TA says it is in a mild up channel gunning for 110 to 115. :)

The outcome in GS stock price direction should set the tone for the broad market.
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and the financial ETF - XLF
 
Quote from Lawrence Chan:

All bearish views at this point can be summarized by the GS daily chart.

Check it out.

Reading with bearish sunglasses will make you think the market is about to tank.

Reading it with bullish mindset will make you think the stock can go up to the moon.

Reading it with pure TA says it is in a mild up channel gunning for 110 to 115. :)

The outcome in GS stock price direction should set the tone for the broad market.
More...

115 by april the 7th
 
Quote from Lawrence Chan:

Since swings is still intact for the uptrend in your chart, a new high taking out the current high first, leading to a divergence, is also a possibility.
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That seems to be the logical play.. markets have been anything but logical...\

A very nice 5 count sell on 480 coupled with multiple 5, 9,13 across the lower timeframes should be good for 25-30 handle pullback.
 

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