Wednesday, June 02, 2010
Update
The ES remains in a trading range extending from 1068 to 1095. At the moment the market is trading at the high of today's range estimate - 1085. I still think it likely that we shall see the 1060 level before a sustained rally begins. But tomorrow I will interpret any strength above today's high (which, so far, is 1086) as a sign that the move to 1300 is underway.
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5 comments:
i agree w/carl..this rally may peter out by 1093 or so..so daytraders can trade in their chips..don't be greedy..today's action was a surprise...and bears from yesterday ran for cover..
However, the nature of rally is suspect hence revisit to may lows could be in order...
I think 1090 will be next low on the way to 1300...but who knows? just IMO.
RESPECT CARL FROM MY HEART!!
WHO CAN DARE TO CHALLENGE 1068--1095++
This is free so ....
So many thanks,no one could do but you captured the right moves in ES_F.
I'm happy.I learnt from the right and best trader in the world.
I Believe in you!
Stay healthy,happy and prosperous!
You are so great ,Sir
its becoming clear that forecasting the per day fluctuations is a 50/50 guess, but Carl has been extremely unwavering in his 1300 call.
thanks for your hard work though, i still read it everyday.
sure do wish you would TWEET your updates!!!!!!!!!!!!!!!!!!!
Friday's employment numbers are the key. They should be good and smart money will sell the news.
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