Iterative Refinement

Thanks. I find that there's plenty of 'subtle differences' in Price and Volume as it is, and any extra lines on a chart cause unnecessary "defocussing".

 

If price holds to close there is a breakout of the long term trendline on increased black on the ES daily.

 

Spydertrader, any chance you could post your chart?

 

See Attached.

- Spydertrader

 

Many thanks!

 

The buzzword is Extraction.

;-)

 

This move since mid july looks to be a non dominant intermediate term traverse of the Primary Bear market.

Once we start the next IT dominant traverse, things should get exciting =)

 

In that case expect a knock on the door from some party crashers

 

You are right bug.

Also, I am still keeping an eye on the right trendline of the monthly chart that sits about 1345 - 1350.
See if it holds there.

 

ES U8 Daily Chart August 28 2008