Wednesday, May 23, 2007

ES Surges 6 3/4pts to 1531.75 in Globex Trade

06:07pm Would be interesting to see if this surge continues & invalidates Leg 1 of Back Door Bull Break - which incidentally starts at 1533.25. So, this will be the key level to watch out for.09:42pm We had a Minor PPF of Resistance just now (which I did not take because I was away from the PC). With the TREND Chart pointing up strongly, I am looking for a PRIME PPF of Support to go LONG.09:43pm

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