Heres another fork below using my 'FNL' system.
daily
arithmetic scaling
Log scaling
and here is the full picture!!:
Wednesday, 21 November 2012
ES + YM..going lower but serious support here ...continued..continued
As per recent posts the support seen form the fork below ( and shown in
previous posts) seen here with its RL's has provided a base for a
decent pivot. The question is where will we run out of energy- if at
all? If we do not break higher up to the 1390's to 1400 level we will be
going lower and back to test the 1340's again and my bias is just this
scenario so I am actively scanning the market for short entry areas
using RL/ML's supp/res.
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