ES Journal Archive (2011)

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fake break below, then break out of the other end of the range, and consolidation, holding above POC at 56 means long for me; though it's struggling mightily. I just don't see it going back to 54 before it goes up
 
Quote from JoshDance:

fake break below, then break out of the other end of the range, and consolidation, holding above POC at 56 means long for me; though it's struggling mightily. I just don't see it going back to 54 before it goes up

the timing is good, bring the peak now, and a better chance for selling towards the close, wouldn't want to be selling now. hand of volume wins at the end of the day and the bears have not shown it yet.
 
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