First unread post • 11 posts • Page 1 of 1
08/23/2011 Intraday Watering
by Cobra » Tue Aug 23, 2011 8:01 am
Another gap up but within yesterday's range so the gap may get filled. The regular hour ES still looks like a Descending Triangle while Global ES is at a key point: clearly it's a big consolidation range or Rectangle so it's more likely to continue down but it's also very possible to breakout on the upside because it keeps getting higher low and now is above the mid line of the range. So let's wait and see. Both bears and bulls need pray: may the force be with us!
ATTACHMENTS