Trading Futures Online

Leg 1 of Back Door Bull Break, on the TREND Chart

December 28, 2007 – 6:57 pm My ES TREND Chart above... PRICE did pierce through the previous session's low of 1485.25 and has thus effectively created Leg 1 of Back Door Bull Break, on the TREND Chart. On the POSITION Chart, we are also poised to see a Leg 1 of Back Door Bull Break happening...We cannot confirm the market top (Position Chart-Wise) as yet but it is the very first warning sign of things to come.