Sept 30th , 2010
Today the ES hit one of our upper targets that we have been waiting for for 3-4 days. After we gapped up and hit that level the market fell back into the contraction not showing any strength the rest of the day relative to the move down.
Until this level is confirmed the market could be choppy the next few days with pressure to the downside. It is important to know we are still in a up trend but we are getting to the point where the last high has odds now of being more of a substantial high.
Also we cover the 3 min TF and ES in this video.
Happy Trading,
www.eMiniSchool.com
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