We should get a ride into next week that could take us to 10400. First step though is 10 day ema at 10326, that could meet some resistance today. ES longs should place stops at 1176. The longer term picture is not so rosy, but bear market rallies carry some punch. If Greenspan would just stop raising rates, we could say the worst is over. Doesn't look like he is about to do that quite yet.
This entry was posted
on Friday, October 14, 2005 at 5:44 AM.
