I am now biased to the long side as the ES traded down to 1086.25 in the overnight session. That is 21 points off the highs and is the first sufficient pullback in the current rally. Today could still prove to be a choppy consolidation day, but I like buying the down-tick at this point.
This is a late post, but I needed to sleep in a little this morning.
Wednesday, September 8, 2010
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