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ST Bullish, Volatile Flatness


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#21 NAV

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Posted 07 May 2018 - 09:22 PM

Where does the 2683 number come from?

4/30 key pivot


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#22 Waver

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Posted 07 May 2018 - 10:00 PM

Nav
Where does 2654 come from?
Thanks in advance!

#23 Steaktaco

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Posted 08 May 2018 - 07:12 AM

Thanks Nav, dig the Cheetah.  



#24 K Wave

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Posted 08 May 2018 - 10:21 AM

I think it is highly unlikely that the battle zone at ES 2625 gets taken out.

 

We could see a dip into or after the "2 PM event", but my guess is that we will rebound quickly from any sharp dip...

 

That said, if 2625 did get taken out, would be a bad sign for bulls...

 

In the meantime, bonds tiptoeing very close to the edge of the cliff again after very weak SWUP, and subsequent rollover this AM.

143 1/2 on 30 yr futs is the key area bulls have to reclaim very soon, or time to strap up...


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