The market cannot be stopped, or so it seems. Breadth was bearish all day today (while only slightly at -1.5:1 most of the day), but we continue the trend higher. Today's price action was very similar to last Thursday only today we had a few pullbacks intraday. The morning allowed for a nice entry into the /ES daily swing long at 1185.25 and it touched to the tick. Our target is 1204.50 (once again new highs).
Tuesday, April 13, 2010
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