ES has traded more than 10 points off the overnight high. You could consider buying down here in the low 1060s. I am personally looking for a break down into the upper 1050s for my preferred long entry.
Support at 1057-1059, 1055, 1050-1052 (a breakdown below 1050 will be very negative and to me is unlikely)
Resistance above at 1065-1067, 1073-1075, 1077-1079, 1085-1087
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Long ES at 1058, Stop under 1055
ReplyDeleteOut of this trade after it was positive and now came back down to my entry
ReplyDeleteKeep in mind that this could end up being a consolidation day after Friday's big move up
ReplyDelete