ES Journal Archive (2011)

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Looks like there won't be anything more than +/- 5 points for the rest of the day. If anything ,it can slide lower this afternoon.Bonds have backed right off their lows and they close 2 pm so could be a dead day now.
 
have posted this before,when hand charting ,and you see this pattern,you are often waiting for the bottom half to fill in,not always but often enough...the dotted line ledge could be a large working order or mandate propping the market up,or just a large working order that when filled will remove the ledge support and we fall
 

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Looks like there won't be anything more than +/- 5 points for the rest of the day. If anything ,it can slide lower this afternoon.Bonds have backed right off their lows and they close 2 pm so could be a dead day now.

Come on 1205's!
 
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