.... the target of the falling wedge on the daily chart is 1555 es.... ...edit... whether another pattern emerges to take us lower is another story..... ....edit... it's what the chart says !!!!
No need to be bulls or bears. All you need is to follow price. People who like to have strong convictions regarding direction will eventually need to invest in a butt plug.
I'm sure a lot of you expert traders caught some of that upside. So did this guy: Only he made his call last night, when everyone else was looking for at least a little retracement. pwnage, feels good. JJ
wake up & smell the coffee JJ..........if your boy traded real money,he`d be broke as proved in his last 9 calls...with no stops!
real or not, the call was splendiforous ... and considering all the papertrading non-traders who let their positions go over -400 YM pts against them (well actually, there's only one), and completely self-serving vendors who make a call for a huge market drop only to promote their latest gadgety, gimmicky, holy grail software (the guy who started the thread that he orginally made the call on), a pure call like that is a breath of fresh air, something we desperately need in New York citay!. JJ