Picture-Perfect Retracement

By -

The ES started off rather weak this morning, but I wasn't fooled. Judging from the breakout above the symetric triangle, I figured it would retrace to the prior upper boundary and then push higher, and that's just what happened. I'm often amazed how well simple trendlines work.

0830-es

 The higher this market goes, the more interested I am in adding shorts. Come to Butthead.