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Thread: YM, ES and DJIA Analysis
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Old 04-26-2008, 01:28 PM
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This member is the original thread starter. Re: YM, ES and DJIA Analysis
Quote:
erierambler
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Using charts that everyone else is watching could put you behind in trading.
The actual breakout occurred on April 16th and was tested on the 22nd. Be careful going all in when the crowd sees fit. Of course the move up could be very real , but it is too early to tell for sure. We will be approaching a previous top in the future to challenge.
erie
By all in I meant I would be bullish. Not that I would put money in the market.

You could argue that the breakout was on April 16th, but then why the sudden resistance at 1400? Not to mention the psychological significance of 1400, I would rather wait for that. But that's just me.

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