ES Journal Archive (2009 - 2010)

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Quote from NoDoji:

I'd be careful on a dip below Friday's support. 1193 was the 20-day moving average. That was the sweet spot for trend followers to add to or initiate a long position. If it dips back down there and breaks out, that could indicate a trend reversal. Price hasn't closed below that line since 8/31.

A flush to 93 level and close above PP (1198-99) implies a retest of previous week high.

Fun week ahead =)
 
Quote from lurefo:

Do yourself a million dollar favor. Never be "sure" again of anything when it comes to markets.

IMO better advice is to be extremely careful about what exactly you can be sure about... that's where you'll find the million bucks.
 
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