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1220 to 1245 should hard to clear if this is a real down trend on the daily chart. We shall see if the bears put up a fight or they choke on the "bad" news like usual.Dow Trader wrote: " new daily highs " you mean above 1370 ? I don't think we it will go there in 10 days ( but anything can happen specially with Euro news these days ) because the amount of resistance areas in the way up are a lote and clear.
i like both numbers. spx has a gap around 1215 which shd be the min target for the reb. i love 1230 es, but i will trade what i see not what i believeTWT wrote:ES Globex:
We have a possible completed DZZ
But the pullback is shalllow as it has not even reached the 0.382 retr.
If a low is in place ES Globex should not overlap below 1187
An overlap will mean that today´s lod is the wave (A) of the pull back
If the bottom is in place the extension targets for the assumed wave (C) up:
- 0.618 = 1213
- 1.618 = 1231
soku, This is awesome chart.soku wrote:yoyo bb. u think u can draw rainbow? check this one.BullBear52x wrote:Thanks Cobra and everyone,
TA. Shorts squeeze is in the making, how I know? when most people realized it tomorrow. I joke I joke have a good one.
http://3.bp.blogspot.com/-JOFdsxQSePc/T ... 2211ES.PNG