Jan
07
Intra-day chart of the S&P 500 E-mini futures (5 minute chart) shows a triangle formation that has broken to the down side.There is some Fibonacci support in the 905 area. After that it is the trend line on the daily chart that offers the next significant support (880 – 890)





2 Comments
January 7th, 2009 at 2:59 pm
Guess it wouldn’t be all that surprising to wake up to a big gap down on the ES Thursday morning
January 7th, 2009 at 3:50 pm
I must admit your technical analysis is pretty darn good . I enjoyed your article last night on what is technical analysis. Larry