November 18, 2009

Triangle breakout

update.  i hope this is not the retest

 

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ES 5min chart.  let’s see if this breakout is fake or true.  If this is a true breakout, then we will have a final wave 5 push to the up side. 

 

however, selling volume is higher than buying volume and this pattern has been repeated for quite a few days… anyway, big player is stepping out of the market…

 

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