Wednesday, May 2, 2007

Inches Away From Invalidating Leg 1 of Bull Break

To be precised, we were 0.25pts away from the last PRIME Resistance (TREND Chart) of 1505.00 - Going into the close, we are seeing a pullback in PRICE but should we start to fail here, it would be one of the closest PPFs I have seen. Somehow, my gut feeling says that today's Globex PRICE movements will probably blow away 1505.00 with some ease...Let's see if I get it right.

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