Sunday, June 28, 2009

ES and Dolphins

Here is a link to a real slice of life, Hawaii style. Friend of mine who is an amatuer photographer...yeah right "amateur"

And here is a short --strictly a daytrade, or nighttrade as the case may be. S&P Futures /ES

Funny thing is, there is a trendline from the original major breakdown in 2007 that points right around 930 on ES. and a head and shoulder that would nicely curl down around 930, and in everything in the freakin world points to 930 on ES.

And that is why I do not think ES is going as high as 930 before it goes doen to 880 or 820.

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Insightful and Useful Comment!