ES Journal Archive (2009 - 2010)

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Quote from Gubinec:

I don't get your logic. A weak dollar is good for the stock market. When the dollar starts rallying, then you know the stocks are in trouble (or vice-versa). Flight to safety.

i know thats the way its supposed to be in normal circumstances. however, due to market manipulation etc it is not going that way.
 
Quote from MandelbrotSet:

The reason the market isn't going down is that it is finding support in preperation for a potentially strong rally back to the 1040 area (cash index).
Quote from satchel:

Houston we are over 1020 :D :D
LOL, it's almost a free money trade. Let's see what happens on ... T-DAY! :D
 
Quote from HooLee:

allow me to guess again...

There it is! Yes, a bit more positive momentum to work out then we are heading for a MAJOR correction, at least 4-7%.

EDIT: Your monthly chart shows the textbook 5 count pullback to resume downtrend.
 
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