Quote from petty1978:
Ok so at some point today or Monday all of this drop and anything after my post right now is coming back, this drop isn't going to stick long term...1096.75 is a magnetic and we busted through that, the market is going to want to revert back to this and beyond, soon enough...
...would be great to see this drop to the 1050 area and allow a fast 50 point swing up...but beggars cant be choosers, either way, if it continues to drop and take out 1032 area (probably not) but if it does that is great for the bull(ies) out there and bad for the head and shoulder's doom and gloom crew...either way, watch and wait, knowing that there is upside and soon...be patient.
**This drop is part of my ES continuous contract outside day guide...see previous posts.** Sell Short 1099 area, exit at 1068 area...that is what the guide was telling us...
Good trading to you today, it should be fun!