di,dnt ignore u,we were putting up charts and debating where the # was,i was saying 02,and u 05, i covered my last at 02.75 and reversed ,i posted itQuote from saliva:
In one word: Trendline. I know that TL is held in suspect around here so I'll skip any needless articulation into its merits.
The actual target was 705-ish, as I indicated in my response to ammo, which he seemed to have conveniently ignored. Anyway, ES did spend most of the day hanging around 705, only to hit 700 near the end. But since the difference is only 5 points between the two numbers, does it not make sense that we test this important milestone before reversing?