Tuesday, January 20, 2009

we need to break 797-800 area to see Nov low






ES Nov low is 0.382 extension of drop from 942-797,Nov low is in the card if we close below 797.

And we need to break 1107-1115 area for NQ to confirm we are testing nov lows.

My bias is short on any pop in ES,first resistance around 830/853.but be awear we may still in a range market unless we break 797 and 1107.


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