When price fights so hard

    Posted by steve on 7th of Mar 2022 at 04:08 pm

    When price fights so hard to hold a level (like 4225 today) and fails you should expect a decent point move  to follow.   

    ES 4180-95 then 4135

    Long night but worthwhile as

    Posted by steve on 8th of Mar 2022 at 08:15 am

    Long night but worthwhile as ES came down near 4135 support posted yesterday afternoon and then bounced approximately 95 points.  

    ES Globex Range 4138.75-4233.50

    ES support zone 4260-80 was tested several times over the past week before breaking yesterday - thus on watch for a backtest of that area as long as ES can hold the 4180 area on this pullback.   If lost 4140 then 4070 next support areas 

    We got the  backtest of

    Posted by steve on 8th of Mar 2022 at 01:57 pm

    We got the  backtest of that 4260-80 zone on ES posted earlier and faded 70 points 

    Price knows to follow the

    Posted by Ray on 8th of Mar 2022 at 02:09 pm

    Price knows to follow the script!

    ugly to say the least.

    Posted by fundamentalvalues on 8th of Mar 2022 at 02:01 pm

    ugly to say the least. I'll be more interested if we can see that gap area 4,020-34 or lower. I'm 85% cash in my trading account at the moment.

    looking to see 90% stocks

    Posted by srusso1 on 8th of Mar 2022 at 02:22 pm

    looking to see 90% stocks down days for the flush out ?

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