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Re: ES Analysis for 10/10/06
Excellent Antonio. Its been a tough 3 day session. I am actually waiting for the markets to breakout of the current range.
Technically I am stilll bullish. But alot of traders are worried fundamentally and this can be a problem for prices to lift.
Going to be looking at the range between 11865 - 11945 on the YM. We have tested both ends 2-3 times already so I am going to becareful on fading these two pivots. Market internals should warn us of any breakouts likely to occur.
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James Lee
TradersLaboratory.com
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