ES is now testing the resistance cluster and objective (1503/1505), and for the next 12 hours ES will try to overcome 1505. Failure to overcome, or daily close above 1505 will target 1428 as possible objective by 2/15/13. Will see what happens. ES still trading at 1503.75 and has not hit 1505 as I'm typing.
In due time the market will show us the way.
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