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To: Jack of All Trades who wrote (133126)5/26/2006 7:26:28 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
1289 on ES definitely looks interesting. There is also the gap resistance, and it is the 50% retracement level of the decline.

The ES on the hourly looks like an impulse. 2nd waves like to be zigzags. Who knows, I wouldn't be surprised if ES completes the current impulse, then pulls back and makes another one towards 1289?