Monday, October 27, 2008

Downtrend line keeping short side strong?

ES 30 min chart



ES 1 Min Chart


Based on yesterday's action, what is the chance that ES will hit around 815 to 810 before rebounding somewhere around 5AM ? All depends on Nikkei and Europe and our friendly PPT/space aliens.

One more thing to note, JPY followed ES today around the close instead of the other way around.

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