ES Journal Archive (2009 - 2010)

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Well, that was a good move up BUT the real test for bulls is at hand -- they got to break out above 836 and then move past 844.

Hourly chart is bullish with MACD cross above and also above zero line
 

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Today is not quite a normal reversal day ...

The test of PP with 5 to 6 higher lows imply some party wanted the mkt to print above 820 very very badly.

Not sure what is coming next.
 
they could very easily park it and close it 22-25 also. That's what I am starting to think.

Quote from wave:

again, you have a breakout or breakdown area. Either way, you will catch a 15 pt move.
 
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