Thursday, February 28, 2013

Emini S&P 500 (ES) Chart

Emini S&P 500 (ES) 5-minute chart showing potential path for Friday. Key Level for ES is around 1518, and any pullback up should not break above Thursday swing high. 

Below 1518 implies wave 3 or C down is in progress. 

A clear and sustained break above Thursday swing high implies the above analysis is NOT VALID