ES 12-10-09 RECAP


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New highs continue to be in ok shape (over 200) and new lows below 10 . Its purely conjecture , but i'll go out on a limb again and say the breakout is coming and it will be up! i also think its coming soon. If we dive tomorrow again and rebound Mon . that MAY be enough to do it. Either way, we will undoubtably see higher prices in Jan. Should point out that seasonals are down hard into the moon on the 15th-16th, then up the rest of the month. (refer to 11-30-09 recap...page 2 of the Kools tools room).Another reason i think tomorrow to next wed is a perfect window for the end of the consolidation to take place! I wonder if the move will become obvious the closer to Christmas we get, as vol dries up and there's very few around to take advantage of it! (remember Thanksgiving?)