Tuesday, May 17, 2011

1320 ES - Line in the Sand

The weak hands are out for sure and everything else seems lined up for a rally. If the market does not rally from here and breaks 1320 decisively, I am out.


1 comment:

Anonymous said...

Adi, thanks for update. I think there is no buyers around this level...maybe this is why we failed to rally here. I think we may need go a little lower like 1310ish to get buyers in. Also, they wnat this market down/within this level since this is the war between the WS and Congress now. IMHO.