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To: mishedlo who wrote (69920)3/28/2003 3:54:30 PM
From: skinowski  Respond to of 209892
 
The ES on the 30min chart looks like a multi-headed complex topping formation with a neckline near 857, which roughly corresponds to the 38.2% retracement of the recent rally.

On the other hand, a break above the (recent) upper trendline which now is passing near 870 could be a bullish sign.