Wednesday, January 27, 2010

Two Definitive Channel Breaks on the E-Mini

As I was discussing earlier today (Domo Arigato, Mr. Divergence-o), I said that the odds favored Minor 1 being done and now we are in Minor 2, and (for myself *only*) I covered my swing trade shorts and went long.

The ES so far is confirming that assessment. We have two definitive channel breaks and a strong move up overnight so far

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