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ES & Gold


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#1 lambro

lambro

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Posted 04 May 2010 - 12:33 PM

ES, bulls need to reclaim 1180 asap, below 1180 likely to retest 1153-1155, watch for 1180 to serve as new resistance Gold target 1 hit (1168) below 1177, further downside targets are 1163 & 1157 then to 1147 & 1130 1163 will be a key test for gold, being a recent break out area if 1163 or 1168 holds as support, then a trip back to the low 1190's would be likely to follow as with all of these price spots, fading with divergence or following though on momentum is the strategy

Edited by lambro, 04 May 2010 - 12:35 PM.