Tuesday, May 17, 2011

Long at 1322.75 ES

I think the morning weakness was the last fake out of this correction. I will exit if today's lows are breached.

2 comments:

Anonymous said...

nie call, adi.
But i am still think it may drop just ome more time to make final move before go much much higher.

Anyway, I also have been holding long average from 1320.

Tony

Adrn said...

Great, Tony. Nice average.

I agree that a fast drop may happen. My best guess is that it will arrive tomorrow from around 1340. As I see it, it should not break 1326-1328 es.