1500 possibility

Discussion in 'Trading' started by tikutka, Apr 17, 2007.

  1. tikutka


    I've just checked ES back in 1999.As you can see on the attached chart the price just touched 1499.50 and went straight down to 1327 within 2 months.With the current market I'm sure ES will continue going higher and we'll see that level soon.I think, being pretty strong psychological level,1500(+/- 1 pnt) could be a very good opportunity to go short.What do you think guys?Would appreciate as many opinions as possible.