ES Journal - 2012

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ES has played very nicely today. A break above the PP with a run to R1. A pullback to R1 then a further bounce.

Next stop on the upside is R2 at 17.50. A move above 11.00 would confirm the upside potential.

Not seeing much downside on the chart so far.
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Quote from keeptradin':

Way to hang tough, STT!! :cool:

The 1310 level was just tested and defended. ES has come 17 points from the LOD...reversal time??

internals moderately strong...may have more upside

look for resistance becoming support
 
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