22 Feb

#eMini Trading Levels

Posted in Intraday Analysis by Bob English at 11:22:52 1 Comment

11:23 am EDT:  It looks like the scheduled Bernanke testimony was an error in Barron’s Econoday as it has been removed. 

The ES is a bit weaker than expected, with the day-session-only pivot at 1105.25 producing only a modest two point bounce.  The combined session pivot of 1103.25 is holding for now and, if it can continue to hold, there is a good chance to test the 1111.00 high made on the open.  If it breaks, the ES should reach the potential reversal area of 1098.75 to 1099.75, which includes Friday’s day session low and day-session-only S1.  It is unlikely the ES will trade below 1098.75.

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1 Response to

  1. #eMini Trading Levels | The Precision Report Get Pivot

    on February 22 2010 at 13:27:24

    [...] rest is here: #eMini Trading Levels | The Precision Report By pivot | category: pivot, pivot trading | tags: 1105-25-producing, bit-weaker, [...]

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