Friday, September 09, 2011

market headed for 1100 - revised range estimate for today is 1150-1170

4 comments:

  1. perhaps a rare occasion when a follow-up forecast is made for ES ...

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  2. Carl,
    I think we bounce from 1150 on Monday, for about two weeks (about 10 trading days).

    I think your move to 1240 to complete the channel/flag (before further downside) is still possible. I will exit shorts around 1150, and probably go long.

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  3. Wonderful call on the Euro, Carl!

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  4. I think it will just be in a range/sideways for quite a while then rallied a little bit then sideways again...but who knows...the market is good only for day? trading at this time...sorry for the traditional long term investors...well, just wait when it will be...keep watching...

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