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As you can see from the chart above .. the yellow dotted line has held from 2/7/2012 until the brief blip under today.. The blip today similar to the blip on 2/10/2012.... I mentioned on twitter it is interesting when technicals align in many different products and then the pattern are pushed to their breaking points....all to test the pervious pattern/trend resilience..
The push was ...Crude breaking down below the 2.5 week up trend in the same instant as ES and NQ broke down off open.. Crude found a solid bid before ES and NQ.. gave confidence in a equities bounce.
