Latest Plans
Read the latest insights into the S&P 500 and Stocks.
-
ES Weekend July 13
We’re now in 6 day balance (6246.25-6335.5). Both ends are targets with a poor low on the low and unfinished business on the high. The main objective for buyers is to defend the low and to keep OTFU on the weekly. If sellers gain the upper hand in the short…
-
ES Weekend June 29
Last week the important area was below Friday’s low and the 3 week balance top. The key was looking if sellers could even get traction below it from the US holiday session. Sunday we opened right at our 5965-68 zone and was quickly bid back to Friday’s low. On Monday…
-
ES Weekend June 22
With the weekend news of the US strike against Iran any prior plans are basically mute until we see where we open Sunday afternoon and Monday’s RTH open. For the past few weeks, my concerns of where we were with increased risk on new longs was valid, so far. Here’s…
-
ES Weekend June 15
Last week saw us remain above the 3 week balance and building value above. 6060’s was mentioned about potential resistance and came in with CPI testing the single print. Wednesday morning I expressed concern that if buyers don’t hold and move higher on CPI then that would be a notable.…