Hello Everyone,
On Tuesday, I pointed out the key support level on ES 6059 which held and reached the 6100+ target area discussed that evening. Today, the SPX/QQQ made marginal new highs then pulled back into the close while IWM continued to move lower. I posted a few charts out in the trading community to examine quickly. The past week has seen an implosion in the RSP/SPY with the Generals (megacaps) holding up while the troops (equal market/most sectors) falling off some.
Tomorrow, we have the Monthly payroll report (yes the one that's been revised down nearly every month).
ES Levels Posted in Trading Community
Please take a moment to look at the trade ideas.