The TradingEdge

[jxyzobrien]

the right questions
NOT what pretzel or me or BLANK says this is not horse racing

1- has the market established a new range
NO- ES bottom of range was rejected, look below and fail

2-so did the market make a higher low YES

3- was value established lower YES but higher low

3- so the market is attempting to go to the top of the range
today it went to .618 of range es 2754
then sold off but is still in value area

so the market is attempting go to the top of the range
can the market go to the bottom range
and test the bottom absolutely