Thursday, August 03, 2006

ES #F 080306 Test of top

Market did in fact power higher into fib and test of 1288.25 high. This was done in a 3 wave abc pattern. Do we make a shallow pullback for higher, or do we drop from here? Watching all timeframes and candles for clues to direction. The SAR on the 8min chart indicates strong trend upwards for the moment.

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CURRENT MOON
lunar phase