11/15/11
CLOSING COMMENTS:
ESZ11:
Tricky levels
If we reach 1253.25 on the current pullback (from 1262.25) then it’s quite possible we trade nowhere until tomorrow; the key is if 1252.75 holds.
The immediate move is up although it could chop all night
If 1253.25 holds then clearly up to 1271.75/1272.00 before the open tomorrow
1271.75 is a key infliction level; meaning at 1271.75/1272.00 we will immediately pullback
If the pullback holds 1252.75 then back up to 1275.50
The overnight should chop and churn at worse; or simply head straight up to 1271.75/1272.00; in the event we head then 1264.50/1265.75 is the immediate resistance
ES: CLOSING COMMENTS
Started by
Master Che
, Nov 15 2011 04:06 PM
No replies to this topic
#1
Posted 15 November 2011 - 04:06 PM
Master Che - market updates - masterchetrading@gmail.com