ES Journal - 2012

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Quote from Laissez Faire:

Last line of resistance at 1300. Round number and overnight high.

May have to save the gap for after the release, but I would think 97 is support from here, no?

not saying we cannot go higher but 1303 is full ATR off ETH low. may get a few points over that for stop run.
 
Quote from Laissez Faire:

Last line of resistance at 1300. Round number and overnight high.

May have to save the gap for after the release, but I would think 97 is support from here, no?

I will be looking for a pullback to the 96 level, as that is R2 (now S) and also ~ 50% of the current leg up.

Unlikely we will get there, but ya never know...
 

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Quote from keeptradin':

I will be looking for a pullback to the 96 level, as that is R2 (now S) and also ~ 50% of the current leg up.

Unlikely we will get there, but ya never know...

My hunch is that we don`t pull back that much before the gap fill at least.

97 as a minimum should hold as support, but I think 1300 might hold from here.
 
Quote from Laissez Faire:

My hunch is that we don`t pull back that much before the gap fill at least.

97 as a minimum should hold as support, but I think 1300 might hold from here.

By gap you are referring to the 5/31 close at 1306, right?
 
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