#eMini Trading Levels

10:17 am EDT:  The ES traded up to yesterday’s settlement and hovered around until Consumer Confidence came in far below expectations and gave traders a good excuse to move the markets.  The ES is testing strong support of 1094 as we write, but now has a good chance of correcting lower into 1082-1085 today or tomorrow.  ~1099 is now a sell zone.

Comments are closed


 

Disclaimer: The information presented on this site is for educational purposes only. No personal trade recommendations are being made hereby. Trading futures is highly risky and you can lose a substantial amount of money. Past performance is not necessarily indicative of future results.

__________________________________________________________

Copyright © 2010 The Precision Report