ES Journal Archive (2009 - 2010)

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Daily chart is still uptrend; recent 4 day down move is still in accord with last 4-5 downward retracements. Today is critical; if we do not see reversal today, the rally since March may be over.:confused:
 
Quote from adadadog:

Daily chart is still uptrend; recent 4 day down move is still in accord with last 4-5 downward retracements. Today is critical; if we do not see reversal today, the rally since March may be over.:confused:
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I see what you're looking at, (see chart), but most intra-day traders would be trading Short (and profitably so) at this stage of the game.
 

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sw posted a char at the bottom of that page showing a 20 month ma line at 1054 cash, possible we stay between 1050 and 1054 til end of month,or we break 1050 on tommorrows gdp #,unless they doctor it up, its going to be bad
 
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