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ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
moved to the cleave 30-31 bounced to the nip,see if it holds,gets to 48.5,spx and djt both in tail end of hns,possible scenario,retest 30-31 then head for 14Quote from Trvlwanderer:
So.....correct me if I'm wrong in my assessment.....
The move to fill this could easily prove to be a false breakout of support? Or, if it does break, a somewhat slowed drop to the next heavy buying level?
Am I looking at this right ammo?
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Quote from ammo:
moved to the cleave 30-31 bounced to the nip,see if it holds,gets to 48.5,spx and djt both in tail end of hns,possible scenario,retest 30-31 then head for 14
Very close to what I am seeing as well. Watching the res and upper tl on the spx. indu and cl seem to be the wild card for the short term.
thanks for the chart.