anybody remember this chart posted awhile back...TA doesnt lie, only humans...not sure what that means but it sounds cool...
....this is why charts are so important, its cuts through the BS...I want targets people and why!...
....this chart was posted 8 days ago.
http://screencast.com/t/XZn5GHfM1nse
ES/SPX should hit resistance just about now at 1318 level...what we do here will be key for rest of the year.
If mkts accept above this level we will hit new all time highs in the mkts in approx 6 months...if mkts reject this level, the bear mkt will cont and make new intra-year lows.