1 Sep

Bull Trap – #eMini Update

Posted in Intraday Analysis by Bob English at 11:22:47 Comments are off

11:23 am EDT:  The morning rally was indeed a bull trap as the ES has now headed south without pausing (even at the 1015 support level corresponding to the open of the day session).  As we write, it has taken out daily S2.  We will not be looking for longs even at the 1002-1004 strong support level as this could end up being a strong distribution day.

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