No comments on Global ES, until a decisive new high, still hard to say whether the bear's game is over or not. So let's see how the market unfolds today.
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oldpigwang wrote:Cobra: Looks like ES top at 1366, then got sell of.
So, if spx hit 1365 resistance, is it a short point?
I'm not sure. According to Uempel's chart (see comment area at the main site, yesterday's Market Outlook), seems the overnight high is the resistance.
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SigmaEcho wrote:Hi Cobra,
do you consider it still bearflag?
60m RSI(9) hit 91+ earlier. not so often this happens.
thanks
technically not a bear flag anymore, but still hard to say bear's game is over.
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