Wednesday, December 12, 2007

News of the " FED considering more liquidity moves" points to a strong market open

10:11pm News of the FED considering more liquidity moves has push the ES strongly back up. Is this merely Leg 2 of the Bull Break, on the TREND Chart, or are we gonna see PRICE reversing Leg 1 that was created last night? Today's market action holds the key...10:42pm PRICE is heading back down to challenge support. Looking for a SHORT set-up.10:51pm Will put that trade on hold. Wife just got back

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