I think that is a good target. Not really anything inbetween until a little resistance around 94.75/95 on the 1h. Maybe a pull back there or sideways until the MAs catch up and push it up the the next resistance at 1305 or so.
ES Journal Archive (2011)
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I think that is a good target. Not really anything inbetween until a little resistance around 94.75/95 on the 1h. Maybe a pull back there or sideways until the MAs catch up and push it up the the next resistance at 1305 or so.
@atticus
A good call is a good call I apologize that I was not looking at what you were looking at. That was very egotistic of me.
June contract is still turning it out and looks like a lot of steam still there for tomorrow!
A good call is a good call I apologize that I was not looking at what you were looking at. That was very egotistic of me.
June contract is still turning it out and looks like a lot of steam still there for tomorrow!
Hard to be too bullish about tomorrow. The bigger trend is still down until proven otherwise. First big rally in a bear move usually fails. If it sets up, a test of today's high tomorrow would probably be a short. ( IMHO) Would like to see 1296-1298 in any case.
There is steam for tomorrow one way or another long or short. Bigger trend is down and has yet to be proven otherwise.
On Daily chart bigger trend is down.
Short term on the 30 min chart (June Contract) bigger trend is up with the ability to test a pivot @ 1296.75
on Daily Chart the pivot is @ 1312.50 (June Contract) and the market may or may not get to that level.
EMG 1298.25 looks to be a good short level but yet to be determined until/if the market reaches that point.
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