OR is it meeting resistance here back testing the lower channel trendline and resistance from the close yesterday?
See my Morning Post below for a bigger chart.
Friday, October 2, 2009
/ES Now
Possible back test of the green trendline? 1037 - 1044 range before the next fall? Pink wedge completed right above the lower rising wedge P2 tendline and made for a nice spot for a technical (PPT driven) bounce.
OR is it meeting resistance here back testing the lower channel trendline and resistance from the close yesterday?
See my Morning Post below for a bigger chart.
OR is it meeting resistance here back testing the lower channel trendline and resistance from the close yesterday?
See my Morning Post below for a bigger chart.
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