Sunday, October 23, 2011

Well 2 others things say this run could be over, closed longs, reopen on strength

Going long term, ES (S&P 500 futures) is right at the 61.8% Fibo retracement from the highest high to lowest low.   The Big Fibo 61, and coincidentally also at the Bernoulli 100 channel line.

It may go up and currencies say it should.    But this is good profit levels on the longs, if it breaks the 61 Fibo and the B100, I will go long again.