Overview of MA's and BB support and resistance on the ES Futures. We've held the monthly, weekly and daily BBs, the Monthly 50ma, and the weekly 200 ma. I'm leaning bullish for the week but a sell off first is entirely possible and then we have to get over the daily 18ma sitting at around 3690. Good luck!
코멘트:
some possible pullback targets
코멘트:
18ma reached, objective short entry. I expect a pullback and it may be dramatic into tomorrow.
코멘트:
maybe this before more upside. WIll update if it's wrong
코멘트:
potential shorting opp on futures. I'm a wee bit short, won't hold if it looks like they will close above 18ma
코멘트:
they are holding it up, but I still feel it's a sell. Will exit shorts on a close above 3700.
코멘트:
watching this pennant - it's got obvious trendlines. watch for false breakouts either way.
코멘트:
false breakout and again rejected at the 18ma, bearish so far.
코멘트:
they are holding on but I still expect a sell down to create the B leg before the larger move up into the end of the month. still short for short term trading but bought some long term stock today in case my thesis is wrong.
