they cracked that 60 min line,starting on 1/30 and the longer term daily upper tl that they broke above which is about 1316-17
I did technical analysis on both ends and that was my definite conclusion. Not quite sure about the top but extremely confident about the magnet that will take us down to my target area this year. Since I start slow and never add to losers I can afford lacking precision if I start a little early but once things start to break down I can fortify the position until we get to the desired area. I say there's a 90 % chance such correction is witness this year and once that materializes itself, the uptrend will resume if the area holds. NAD
Reduced half? Of what? ES hadn't touched 16.00. Ouch, nice call. You bought the top on your paper-trade. Where's your stop, "around 12?" 1311.50 last.