Pre-open eMini S&P 500 Morning Report

20 Nov

Pre-open eMini S&P 500 Morning Report

Posted in Pre-open Analysis by Bob English at 9:46:20 Comments are off

The Precise Take – ES trades down to critical support ahead of opex

Leaders Analysis: The leaders avoided closing above or below their respective critical levels yesterday, but the EuroYen is back below its 200 day moving average overnight, the US Dollar is trading above its 20 day moving average, and 10 Yr T-Notes are poking above resistance. Again, the close will be critical.

Trading Today: The ES traded to just below monthly R1 and daily S1 at 1084.00 (actual low 1083.50) that needs to hold today for the rally to continue. Accordingly, we are willing to…

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#eMini S&P 500 Feb.10.2012 – Greece deal delayed (Feb 10, 2012)
#eMini S&P 500 Feb.9.2012 – ES pokes above 1350 (Feb 09, 2012)
#eMini S&P 500 Feb.8.2012 – Closing in (Feb 08, 2012)
#eMini S&P 500 Feb.7.2012 – Consolidating gains (Feb 07, 2012)
#eMini S&P 500 Feb.2.2012 – Just the charts (Feb 02, 2012)

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Pre-open eMini S&P 500 Morning Report

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