Exposing Ideas to the Envelope of Serendipity

Contact moo at: bluechipbulldog@gmail.com

Friday, May 15, 2009

/ES Range Estimate

/ES Market should be weaker today.

It will be the first down week on the weekly timeframe and that is exciting.

I'm looking for the market to gap fill in the AM, and then we head down as far as 868 or so.

so we are looking at 868 to my estimate posted yesterday of 888.

any move above 904 will be incredibly bullish. Until we get above 904, the market will continue to correct downward.
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