Monday, September 7, 2009

ES Shenanigans

ES hit my lower upside target. The way I calc it, about $2.5M was taken from the bears on ES this afternoon, based on assumption of short entry around 1010, and stop out around 1021. Manipulation at it's best.

My percent bear technical analysis, and a tech analysis of 22 currencies versus the USD both indicate more upside. Both of these are found on my blog.

The Chart of Charts is indeterminate, but certainly allows for "A top is in"

Comments appreciated.

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Insightful and Useful Comment!