Contributors to FXStreet.com

Tuesday, April 26, 2011

ES Futures Update


The Es's are up against the long term 161.8% Fib projection from the July 2010 bottom. We've already discussed the possible triangle or flat that could be upon us. We've also noted that this could be the 5th leg in a larger wave 3 which could move higher. The initial targets are 1364-1366 if we continue to move upward.

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