Weekend Chart Summary 2-7-09
Interesting Triangle on the ES daily chart.
NQ has already broken out of it's corresponding triangle and trendline.
NQ has already broken out of it's corresponding triangle and trendline.
I hesitate to do a longer term scenerio, and risk my 'reputation', since short term scalping is my bread and butter....but it is fun once in a while! read at your own risk, and remember, if it doesnt become very accurate, ill just do what every other analyst on the street does...ignore and deny it! LOL
897.00 is one of Bruce's high volume levels from the merged profile. 866 is also, which is where the Friday rally stalled.
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