ES December Contract
Resistance at 1111, 1115, 1120
Support at 1102, 1097, 1091
I'm considering a long entry now
Thursday, September 9, 2010
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Long at 1102.50
ReplyDeleteNot really expecting new highs in the early going. Will leave this trade on just in case, but this is a better time to scalp as the market trades low volume and is consolidating after this morning's surge. Market should hold above 1100, I won't hold the long lower than that...
ReplyDeleteI would like to see some continued buying come in now as we are at the 1103s, otherwise this market is beginning to look weak. If we break down below my entry now without further upside, I will have to take off this position for a scratch and continue to scalp...
ReplyDelete