Monday, June 25, 2007

ES Continues It's Bear TREND (On a TREND Chart Basis)

The ES continued its Bear TREND last night, making Lower PRIME Highs, and Lower PRIME Lows, on the TREND Chart. The 16 points pull back in PRICE up to a high of 1528.00, which started just before the release of the Existing Home Sales data was not only an Oscillation Challenge on the TREND Chart but also a PRIME PPF (1528.00 - last night's session high at 12:14am, S'pore Time) of last PRIME

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