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ES 11-11-09 RECAP


JUST TO RE-ITERATE... IM BULLISH UNTILL THE MARKET TELLS ME NOT TO BE...WHICH IT ALMOST DID AT 1026! (A BREAK OF 1018 WOULD HAVE DONE IT!). OVER THE NEXT FEW MONTHS , I EXPECT MUCH HIGHER PRICES, THEN A DECLINE INTO THE 4 YEAR CYCLE , LATE SUMMER OR FALL OF 2010. ANY WAY ,SHORTER TERM ID LIKE TO SEE A PULLBACK TO AT LEAST 1088-89 AND MORE LIKELY 1084-85 . CYCLES REMAIN DOWN THRU TOMORROW, THEN POSSIBLY UP INTO THE NEXT MOON AROUND THE 16TH OR SO.
HERES AN INTERESTING LOOK AT THE DAILY CHART. BEEN A WHILE SINCE I LOOKED AT IT.....

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... EDITORS NOTE: NOTICE ALSO THE FIRST 2 BARS (BEFORE ANY RETRACE) OFF OF THE 1026.50 LOW PROJECT 1110.25. THATS WHERE THAT NUMBER I MENTIONED TODAY COMES FROM!


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Kool: Was wondering if I could send you a PM through the forum? Question about entry technique. It may be a little long to post. Let me know. Thanks. E.
Yeah, why not just send an e-mail.