Options, Futures, FX and Equity Trader and just generally a Quant Geek
Thursday, July 29, 2010
Breaking uptrend on $ES
Today, we saw the ES break a nice 2 week uptrend channel pretty definitively. This retrace back up to the 1100 level after the break should provide some great short opportunities. 1102.50 is the last 5 day weekly pivot.
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