ES Journal Archive (2006 - 2008)

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Quote from apex82:

Here are the 2 main zones I am looking at for today. Resistance is quite a big zone due to higher level structure that it is formed from. Possibly in a breakout move and in a wave 3. I would advise to trade from the long side until a breakdown below 1437.
Minor resistance is at 1447.25, which is also the globex high. We could see a decent pullback off Minor R down to the 1440-1438 area. Odds favor for a range reduction day due to 2 range expansion days to the upside. However, any breakout above minor R could see a rally up to 1453-1456.

Nice place to get long for high reward low risk trade here at 1440 add on at 1438 place your stop at 1437 and let it ride.
 
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