ES daily chart, still in that channel, but they are selling that 5 DMA at 1387.25. BIX (financials) keeps on finding 20 DMA support and is holding the fort a little today. RLX (retailers) doing a much better job and approaching those new highs once again. Still getting a bearish feel to all this and the bottom of the channel at 1368/1370 could very well be tested this week.
This entry was posted
on Monday, October 30, 2006 at 11:40 AM.
