I think we found a bottom…

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  After retesting Major support this morning at 1894 the ES took off like a rocket breaking out above its prior pivot high at 1894.  If we are in a new uptrend, price should retrace back down near the 1894 level where I'll be looking to get long with the hopes of reaching our 1946 target area... 

ES 01142016 pm
Click on chart to enlarge ES 01142016 pm
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